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STMICROELECTRONICS v. CREDIT SUISSE GROUP

No. 08 CV 3201(RJD)(RML).

775 F.Supp.2d 525 (2011)

STMICROELECTRONICS, Plaintiff, v. CREDIT SUISSE GROUP, Defendant.

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

March 31, 2011.

Attorney(s) appearing for the Case

Andrew Weissmann , Elisabeth Genn , Danielle F. Tarantolo , Jenner & Block, New York, NY, for Plaintiff.

Amanda Joan Gallagher , Linklaters, New York, NY, for Defendant.

MEMORANDUM & ORDER

DEARIE, Chief Judge.

Plaintiff STMicroelectronics ("ST") seeks to hold defendant Credit Suisse Group ("CSG") liable under Securities Exchange Act Section 20(a) as a "controlling person" of non-party subsidiary Credit Suisse Securities ("CSS"), for the intentional breach of investment obligations by the pair of Credit Suisse brokers in charge of ST's account. ST brings related claims for...

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