OKLAHOMA POLICE PENSION AND RETIREMENT SYSTEM v. U.S. BANK NATIONAL ASSOCIATION

No. 11 Civ. 8066 (JGK).

OKLAHOMA POLICE PENSION AND RETIREMENT SYSTEM, Plaintiff, v. U.S. BANK NATIONAL ASSOCIATION, Defendant.

United States District Court, S.D. New York.

June 3, 2013.


Attorney(s) appearing for the Case

Oklahoma Police Pension and Retirement System, Plaintiff, represented by Beth Ann Kaswan , Scott + Scott, L.L.P., David R. Scott , Scott & Scott, LLC, Deborah Clark-Weintraub , Scott+Scott LLP & Max Raphael Schwartz , Scott Scott, L.L.P..

U.S. Bank National Association, Defendant, represented by Michael Stephan Kraut , Morgan, Lewis and Bockius LLP & John Michael Vassos , Morgan, Lewis and Bockius LLC.


OPINION AND ORDER

JOHN G. KOELTL, District Judge.

This case is part of the fallout from the residential mortgage crisis. The plaintiff, Oklahoma Police Pension and Retirement System, brings this putative class action against the defendant, U.S. Bank National Association ("U.S. Bank"), the trustee for fourteen trusts in which the plaintiff and the other members of the putative class invested (the "Covered Trusts"). The trusts own residential mortgage loans...

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