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NECA-IBEW PENSION TRUST FUND v. BANK OF AMERICA CORP.

No. 10 Civ. 440 (LAK) (HBP).

NECA-IBEW PENSION TRUST FUND, et al., Plaintiffs, v. BANK OF AMERICA CORP., et al., Defendants.

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

December 29, 2011.

Attorney(s) appearing for the Case

Jeffrey R. Krinsk, Esq. , Mark Knutson, Esq. , C. Michael Plavi, Esq. , Finkelstein & Krinsk LLP, Suite 1250, 501 West Broadway, San Diego, California 92101.

Jeffrey A. Klafter, Esq. , Klafter, Olsen & Lesser, LLP, Suite 350, Two International Drive, Rye Brook, New York 10573.

Jonathan Rosenberg, Esq. , William J. Sushon, Esq. , O'Melveny & Myers LLP, 7 Times Square, New York, New York 10036.

Jay B. Kasner, Esq. , Scott D. Musoff, Esq. , Skadden, Arps, Slate, Meagher & Flom LLP, 42nd Floor, Four Times Square, New York, New York 10036.

OPINION AND ORDER

HENRY PITMAN, Magistrate Judge.

By letter and a memorandum of law dated December 13, 2011, Lead Plaintiff, NECA-IBEW Pension Trust Fund, seeks a partial lifting of the automatic discovery stay currently in place in this action. For the reasons set forth below, the application is denied.

Plaintiffs commenced this action alleging that defendants violated Sections 11, 12 and 15 of the Securities Act of 1933, 15 U.S.C. &...

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