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, Maria Heifetz, Victoria Reznik, Grais & Ellsworth, LLP, New York, NY, 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, John Ansbro, Nicholas Anthony Poli, Paul Francis Rugani, Richard Andre Jacobsen, Jr., Camille J. Rosca, Orrick, Herrington & Sutcliffe 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, Jennifer Marie Rosa, Mark Hanchet, Nicolas Evans Rodriguez, Mayer Brown LLP, Alvina Pillai, Demetri Brumis Blaisdell, Jack G. Stern, Mario De Oliveira Gazzola, Boies Schiller Flexner LLP, Andrew W. Goldwater, Friedman, Kaplan, Seiler & Adelman, LLP, New York, NY, Amanda Flug Davidoff, Carolyn Danielle Jeffries, James Harris Congdon, Sullivan & Cromwell LLP, Washington, DC, Barry S. Levin, Pro Hac Vice, Darren S. Teshima, Orrick, Herrington & Sutcliffe LLP, Achyut J. Phadke, Pro Hac Vice, David Halleck Fry, Pro Hac Vice, Munger, Tolles & Olson LLP, San Francisco, CA, Adam Patrick Barry, Erin Joan Cox, Pro Hac Vice, Gregory Phillips, James Christopher Rutten, Pro Hac Vice, Kenneth Michael Trujillo-Jamison, Munger, Tolles & Olson LLP, Los Angeles, CA, Katherine Candis Clark, Davidson & Grannum, LLP, Orangeburg, NY, for Defendants.
OPINION & ORDER
LOUIS L. STANTON, U.S.D.J.
Plaintiff brought this action alleging violations of the Securities Act of 1933, Alabama Securities Act, and Nevada Uniform Securities Act for material misstatements and omissions regarding residential mortgage-backed securities. Defendant RBS Securities Inc. ("RBS") moves for partial summary...
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