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CITILINE HOLDINGS, INC. v. ISTAR FINANCIAL INC.

No. 08 Civ. 3612(RJS).

701 F.Supp.2d 506 (2010)

CITILINE HOLDINGS, INC., individually and on behalf of all others similarly situated, Plaintiff, v. ISTAR FINANCIAL INC., et al., Defendants.

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

March 26, 2010.

Attorney(s) appearing for the Case

Arthur J. Chen, Jack Gerald Fruehter, Lawrence Donald Levit, Abraham Fruehter & Twersky LLP, New York, NY, David Avi Rosenfeld, Samuel Howard Rudman, Fainna Kagan, Mario Alba, Jr., Robbins Geller Rudman & Dowd LLP, Melville, NY, D. Seamus Kaskela, Barroway Topaz Kessler Meltzer & Check, LLP, Richard A. Maniskas, Schiffrin & Barroway L.L.P., Evan J. Smith, Brodsky & Smith, L.L.C., Mineola, NY, Radnor, PA, for Plaintiff.

David H. Kistenbroker, Alyx Siobhan Pattison, Pamela Gregory Smith, Katten Muchin Rosenman LLP, Chicago, IL, Matthew David Parrott, Katten Muchin Rosenman, LLP, Alfred Robert Pietrzak, Sidley Austin LLP, New York, NY, for Defendants.

MEMORANDUM AND ORDER

RICHARD J. SULLIVAN, District Judge.

Plaintiffs bring this putative class action against Defendants iStar Financial, Inc., several of its officers and directors, and the underwriters of its 2007 secondary offering. Now before the Court are Defendants' motions to dismiss the Consolidated Amended Complaint (the "CAC"). For the reasons that follow, the motions are DENIED except as to (1) the liability of the individual defendants under...

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