CITY OF CAMBRIDGE RETIREMENT SYSTEM v. ALTISOURCE ASSET MANAGEMENT CORPORATION

Civil Action No. 15-04.

CITY OF CAMBRIDGE RETIREMENT SYSTEM, et al., v. ALTISOURCE ASSET MANAGEMENT CORPORATION, et al.

United States District Court, Virgin Islands, Division of St. Croix.

April 6, 2017.

Editors Note
Applicable Law: 15 U.S.C. § 78m(a)
Cause: 15 U.S.C. § 78m(a) Securities Exchange Act
Nature of Suit: 850 Securities / Commodities
Source: PACER


Attorney(s) appearing for the Case

City of Cambridge Retirement System, Plaintiff, represented by Vincent A. Colianni, II , Colianni & Colianni.

City of Cambridge Retirement System, Plaintiff, represented by A. Jeffrey Weiss .

Barry Schecter, Plaintiff, represented by Pamela L. Colon , Law Offices of Pamela L. Colon.

Annie Johnson, Plaintiff, represented by Kevin A. Rames , Law Office of Kevin A. Rames, P.C...

Denver Employee Retirement Plan, Plaintiff, represented by Steve W. Berman , Hagens Berman Sobol Shapiro LLP, pro hac vice & Vincent A. Colianni, II , Colianni & Colianni.

Altisource Asset Management Corporation, Defendant, represented by Chad C. Messier , Dudley Topper & Feuerzeig & Walter C. Carlson , Sidley Austin LLP.

William C. Erbey, Defendant, represented by Chad C. Messier , Dudley Topper & Feuerzeig & Darrell S. Cafasso , Sullivan & Cromwell LLP.


MEMORANDUM

This is a putative securities class action brought on behalf of the shareholders of Altisource Asset Management Corporation ("AAMC") against AAMC and its former Chairman of the Board of Directors, William C. Erbey ("Erbey"), its former Chief Financial Officer, Kenneth D. Najour ("Najour")...

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