Vallejo Sanitation & Flood Control Dist. v. Fuld (In re Lehman Bros. Sec. & Erisa Litig.)
| Decision Date | 15 October 2012 |
| Docket Number | No. 09 MD 2017(LAK).,09 MD 2017(LAK). |
| Citation | 903 F.Supp.2d 152 |
| Parties | In re LEHMAN BROTHERS SECURITIES AND ERISA LITIGATION. This Document Applies to: Vallejo Sanitation and Flood Control District v. Fuld, et al., 09 Civ. 6040(LAK) Monterey County Treasurer, on Behalf of the Monterey County Investment Pool v. Fuld, et al., 09 Civ.1944(LAK) Contra Costa Water District v. Fuld, 09 Civ. 6652(LAK) City of Burbank v. Fuld, 09 Civ. 3475(LAK) City of San Buenaventura v. Fuld, 09 Civ. 3476(LAK) City of Auburn v. Fuld, 09 Civ. 3474(LAK) The San Mateo County Investment Pool v. Fuld, 09 Civ. 1239(LAK) Zenith Insurance Co. v. Fuld, 09 Civ. 1238(LAK). |
| Court | U.S. District Court — Southern District of New York |
OPINION TEXT STARTS HERE
Joseph W. Cotchett, Jordanna G. Thigpen, Mark C. Molumphy, Nanci E. Nishimura, Imiatz A. Siddiqui, Cotchett, Pitre & McCarthy, for Plaintiffs.
Martin J. Auerbach, Law Offices of Martin J. Auerbach, Esq., James G. Kreissman, for Defendant Ian Lowitt.
Mitchell A. Lowenthal, Cleary Gottlieb Steen & Hamilton LLP, for Underwriter Defendants Except HVB Capital Markets, Inc. and M.R. Beal & Co.
Mark P. Ressler, Kasowitz, Benson, Torres & Friedman, LLP, for Defendant HVB Capital Markets, Inc.
Simpson Thatcher & Bartlett LLP, for Defendants Richard S. Fuld, Jr., Joseph M. Gregory, Erin Callan, Ian Lowitt, John F. Akers, Roger S. Berlind, Marsha Johnson Evans, Roland A. Hernandez, and Henry Kaufman.
Andrew J. Levander, Kathleen N. Massey, Adam J. Wasserman, Dechert LLP, for Defendants John F. Akers, Roger S. Berlind, Marsha Johnson Evans, Roland A. Hernandez, and Henry Kaufman.
Jamie L. Wine, Latham & Watkins LLP, for Defendant Ernst & Young LLP.
Joseph A. Mendola, M.R. Beal & Company, for Defendant M.R. Beal & Co.
Guy Petrillo, Joshua Klein, Petrillo Klein & Boxer LLP, for Defendant Christopher M. O'Meara.
Joshua J. Pollack, Proskauer Rose LLP, Alfred U. Pavlis, Finn Dixon & Herling LLP, for Defendant Erin Callan.
The September 2008 collapse of Lehman Brothers Holdings Inc. (“Lehman”) spawned litigation across the country. The Lehman bankruptcy is pending in the bankruptcy court for this district. All of the securities and most of the other cases brought in or removed to federal courts have been consolidated before this Court for pretrial purposes. The cases that are the subject of this opinion are eight consolidated securities actions brought by seven California public entities and a California-based insurance company. They assert claims against Lehman's former officers, directors and auditors under the Securities Act of 1933 (the “...
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