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CENTAUR CLASSIC CONV. ARB. v. COUNTRYWIDE FIN.

Case No. 2:10-CV-05699 MRP.

793 F.Supp.2d 1138 (2011)

CENTAUR CLASSIC CONVERTIBLE ARBITRAGE FUND LTD., et al., Plaintiffs, v. COUNTRYWIDE FINANCIAL CORPORATION, et al., Defendants.

United States District Court, C.D. California.

June 21, 2011.

Attorney(s) appearing for the Case

Andrew J. Entwistle , Arthur V. Nealon , Jonathan H. Beemer , Joshua K. Porter , Robert N. Cappuci , William S. Gyves , Entwistle and Cappucci LLP, New York, NY, Marc M. Seltzer , Susman Godfrey LLP, Los Angeles, CA, for Plaintiffs.

Lloyd Winawer , Goodwin Procter LLP, David Siegel , Benedetto L. Balding , Craig Varnen , Daniel P. Lefler , Eric J. Carsten , Iian Daniel Jablon , Irell & Manella LLP, Michael C. Tu , Orrick Herrington and Sutcliffe LLP, Los Angeles, CA, Brian Charles Devine , Brian E. Pastuszenski , John O. Farley , Goodwin Procter LLP, Boston, MA, David A. Priebe , Rajiv S. Dharnidharka , DLA Piper LLP U.S., East Palo Alto, CA, for Defendants.

ORDER RE: DEFENDANTS' MOTIONS TO DISMISS SECOND AMENDED COMPLAINT

MARIANA R. PFAELZER, District Judge.

I. INTRODUCTION & BACKGROUND

This securities action was brought by eight institutional affiliates of Argent Classic Convertible Arbitrage Fund, the lead plaintiff in the putative class action Argent Classic Conv. Arb. Fund v. Countrywide Fin. Corp. et al., No. 07-cv-07097-MRP (MANx) ("Argent"), along with 38 other sophisticated...

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