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TSERETELI v. RES. ASSET SECURITIZATION TRUST

No. 08 Civ. 10637(LAK).

692 F.Supp.2d 387 (2010)

Vasili TSERETELI, et ano., Plaintiffs, v. RESIDENTIAL ASSET SECURITIZATION TRUST 2006-A8, et al., Defendants.

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

March 11, 2010.

Attorney(s) appearing for the Case

Lester L. Levy, Michele F. Raphael, James A. Harrod, James Kelly-Kowlowitz, Robert S. Plosky, Wolf Popper LLP, Attorneys for Plaintiffs Vaszurele Ltd. and Vasili Tsereteli.

Robert F. Serio, Aric H. Wu, Eric M. Creizman, Gibson, Dunn & Crutcher LLP, Attorneys for Defendant Credit Suisse Securities (USA) LLC.

MEMORANDUM OPINION

LEWIS A. KAPLAN, District Judge.

This putative class action concerns the issuance, distribution, and sale of a type of mortgage backed security known as the Senior Mortgage Pass-Through Certificates, Series 2006-H ("Certificates") issued on June 28, 2006. Plaintiffs claim that the Certificates were issued pursuant to materially misleading offering documents in violation of Sections 11(a)(5) and 12(a)(2) of the Securities Act of 1933.

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