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ELBIT SYSTEMS, LTD. v. CREDIT SUISSE GROUP

No. 10 Civ. 10(SHS).

917 F.Supp.2d 217 (2013)

ELBIT SYSTEMS, LTD., Plaintiff, v. CREDIT SUISSE GROUP, Defendant.

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

January 7, 2013.

Attorney(s) appearing for the Case

Michael T. Brody , Jenner & Block LLP, Chicago, IL, Katya T.P. Jestin , Brian Jason Fischer , Elizabeth Austin Edmondson , Jenner & Block LLP, New York, NY, for Plaintiff.

Andrew L. Frey , Mark Hanchet , Mayer Brown LLP, New York, NY, Michele Odorizzi , Mayer Brown LLP, Chicago, IL, for Defendant.

OPINION & ORDER

SIDNEY H. STEIN, District Judge.

This securities fraud action hinges on the presence of an agency relationship between a broker-dealer and its corporate parent. Plaintiff Elbit Systems Ltd. has sued defendant Credit Suisse Group ("CSG") for securities fraud, aiding and abetting common law fraud, and unjust enrichment. Elbit seeks to hold CSG liable for the conduct of two brokers at its subsidiary, Credit Suisse Securities (USA...

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