FEDERAL DEPOSIT INSURANCE CORPORATION as receiver FOR COLONIAL BANK, Plaintiff,
v.
FIRST HORIZON ASSET SECURITIES INC.; First Horizon Home Loan Corporation; Credit Suisse Securities (USA) LLC; Deutsche Bank Securities Inc.; FTN Financial Securities Corp.; HSBC Securities (USA) Inc.; RBS Securities Inc.; UBS Securities LLC; and Wells Fargo Asset Securities Corporation, Defendants.
United States District Court, S.D. New York.https://leagle.com/images/logo.png
David J. Grais, Kristina Marie Mentone, Leanne Marie Wilson, Maria Heifetz, Michael Martin Pomerantz, Victoria Reznik, Grais & Ellsworth, LLP, New York, NY, Mark Benjamin Holton, Vocke Law Group, Stamford, CT, Mary Godwin Menge, Michael T. Sansbury, Robert K. Spotswood, Spotswood Sansom & Sansbury LLC, Birmingham, AL, for Plaintiff.
Bruce Edward Clark, Kathleen Suzanne McArthur, Sullivan and Cromwell, LLP, Julie A. North, Lauren Ann Moskowitz, Michael T. Reynolds, Richard W. Clary, Richard J. Stark, Lillian S. Grossbard, Cravath, Swaine & Moore LLP, Andrew Tyler Frankel, Thomas C. Rice, Abigail Whitney Williams, Alexandra Carrington Pitney, Isaac Martin Rethy, Kimberly Ann Hamm, Linton Mann, III, Simpson Thacher & Bartlett LLP, Michael Orth Ware, Charles Salem Korschun, Mark Hanchet, Mayer Brown LLP, Andrew W. Goldwater, Friedman, Kaplan, Seiler & Adelman, LLP, New York, NY, Amanda Flug Davidoff, James Harris Congdon, Sullivan & Cromwell LLP, Washington, DC, Marc T.G. Dworsky, Adam Patrick Barry, Erin Joan Cox, Pro Hac Vice, James Christopher Rutten, Pro Hac Vice, Kenneth Michael Trujillo-Jamison, Munger, Tolles & Olson LLP, Los Angeles, CA, Achyut J. Phadke, Pro Hac Vice, David Halleck Fry, Pro Hac Vice, Munger, Tolles & Olson LLP, Thomas Octavian Jacob, Pro Hac Vice, Wells Fargo & Co., San Francisco, CA, Katherine Candis Clark, Davidson & Grannum, LLP, Orangeburg, NY, Sandra Dawn Grannum, Drinker Biddle & Reath, LLP, Florham Park, NJ, for Defendants.
OPINION & ORDER
LOUIS L. STANTON, U.S.D.J.
Defendants move under Federal Rule of Civil Procedure 12(b)(6) to dismiss the first five counts in the Second Amended Complaint ("SAC") for failure to state a claim upon which relief can be granted. For the reasons that follow, the motion...
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