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STEINBERG EX REL. BANK OF AMERICA CORP. v. MOZILO

No. 1:14-cv-2023 (ALC).

135 F.Supp.3d 178 (2015)

Chaile STEINBERG, Derivatively on Behalf of Bank of America Corporation, Plaintiff, v. Angelo MOZILO, David Sambol, Rebeca Mairone, Charles O. Holliday, Jr., Brian T. Moynihan, and Sharon L. Allen, Defendants, and Bank of America Corporation, Nominal Defendant.

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

Signed September 29, 2015.

Attorney(s) appearing for the Case

Jay N. Razzouk, Kevin A. Seely, Robbins Arroyo LLP, San Diego, CA, Peter George Safirstein, Roger A. Sachar, Morgan & Morgan, P.C., New York, NY, for Plaintiff.

David Siegel, Avraham E. Aizenman, Craig Varnen, Kevin Michael Winzer, Irell & Manella, L.L.P., Michael C. Tu, Kevin Askew, Orrick, Herrington & Sutcliffe LLP, Los Angeles, CA, Ronald P. Fischetti, Paul Francis Rugani, Orrick, Herrington & Sutcliffe LLP, Marc Lee Mukasey, Michael C. Hefter, Ryan Michael Philp, Seth Michael Cohen, Bracewell & Giuliani, LLP, Brian Marc Burnovski, Charles S. Duggan, Davis Polk & Wardwell L.L.P., New York, NY, for Defendants.

Jay B. Kasner, Scott D. Musoff, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, Nominal Defendant.

OPINION & ORDER

I. INTRODUCTION

Plaintiff Chaile Steinberg, a shareholder of nominal defendant Bank of America Corporation, brings a derivative action on the corporation's behalf related to its acquisition of Countrywide Financial Group in 2008. She sues former officers of Countrywide...

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