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ARKANSAS TEACHER RETIREMENT SYSTEM v. MOZILO

No. 10-56340.

705 F.3d 973 (2013)

ARKANSAS TEACHER RETIREMENT SYSTEM, Fire & Police Pension Association of Colorado; Louisiana Municipal Police Employees' Retirement System; Central Laborers Pension Fund; Public Employees Retirement System of Mississippi, Plaintiffs-Appellants, v. Angelo R. MOZILO; David Sambol; Henry G. Cisneros; Robert J. Donato; Jeffrey M. Cunningham; Martin R. Melone; Robert T. Parry; Oscar P. Robertson; Keith P. Russell; Stanford L. Kurland; Carlso M. Garcia; Eric P. Sieracki; Countrywide Financial Corporation, Nominal Defendant, Defendants-Appellees, Harley W. Snyder; Michael E. Dougherty; Bank of America Corporation, Defendants, and Robert L. Garber, Third-party-plaintiff.

United States Court of Appeals, Ninth Circuit.

January 10, 2013.

Attorney(s) appearing for the Case

Blair A. Nicolas , Niki L. Mendoza , Bernstein Litowitz Berger & Grossmann LLP, San Diego, CA; Stuart M. Grant , Grant & Eisenhoffer P.A., Wilmington, DE, for Plaintiffs-Appellants.

Brian E. Pastuszenski , Stuart M. Glass , Goodwin Procter LLP, Boston, MA; Joshua S. Lipshutz , Goodwin Procter LLP, San Francisco, CA, for Nominal Defendant-Appellee.

Michael C. Tu , Orrick, Herrington & Sutcliffe LLP, Los Angeles, CA; Michael D. Torpey , Orrick, Herrington & Sutcliffe LLP, San Francisco, CA, for Defendant-Appellee David Sambol.

David Siegel , Irell & Manella LLP, Los Angeles, CA, for Defendant-Appellee Angelo Mozilo.

Jordan Eth , D. Anthony Rodriguez , Morrison & Foerster LLP, San Francisco, CA, for Defendants-Appellants Henry G. Cisneros, Jeffrey M. Cunningham, Robert J. Donato, Martin R. Melone, Robert T. Parry, Oscar P. Robertson, and Keith P. Russell.

David Priebe , DLA Piper LLP (US), East Palo Alto, CA, for Defendant-Appellant Eric P. Sieracki.

Before: STEPHEN REINHARDT and SIDNEY R. THOMAS, Circuit Judges, and GLORIA M. NAVARRO, District Judge.

ORDER

For the reasons set forth in the contemporaneously-issued certificate, we find that this case involves a dispositive question of Delaware law, the answer to which is not clear from controlling precedent in Delaware judicial decisions. We therefore certify a question of law to the Supreme Court of the State of Delaware. See Del. Supr. Ct. R. 41.

The Clerk of this Court shall forward a certified copy of this order and the certificate to the Supreme...

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