Argued and Submitted October 19, 2005 — Pasadena, California.
Opinion by Judge Clifton.
OPINION
CLIFTON, Circuit Judge:
First Alliance Mortgage Company was driven into bankruptcy and subsequent liquidation by well-publicized and justified allegations of fraudulent lending practices. The demise of First Alliance has led to two separate actions against Lehman Brothers, Inc. and its subsidiary Lehman Commercial Paper, Inc. (collectively...
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