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CMFG LIFE INS. CO. v. UBS SECURITIES

No. 13-cv-576-wmc.

30 F.Supp.3d 822 (2014)

CMFG LIFE INSURANCE COMPANY, Members Life Insurance Company and Cumis Insurance Society, Plaintiffs, v. UBS SECURITIES, Defendant.

United States District Court, W.D. Wisconsin.

Filed July 2, 2014.

Attorney(s) appearing for the Case

Andrew C. Shen , David C. Frederick , Scott K. Attaway , Silvija A. Strikis , Whitney Cloud , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC, Washington, DC, Garrett R. Broshuis , John Charles Craig , Steven Michael Berezney , Tamara Marie Spicer , Greg Garrell Gutzler , Michael E. Klenov , Korein Tillery LLC, St. Louis, MO, George A. Zelcs , Korein Tillery LLC, Chicago, IL, Peggy A. Lautenschlager , Bauer & Bach LLC, Madison, WI, for Plaintiffs.

Charles F. Smith, Jr. , Lara Ann Flath , Skadden, Arps, Slate, Meagher & Flom LLP, Chicago, IL, Jay Bennett Kasner , Christopher Peter Malloy , Scott David Musoff , Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, for Defendant.

OPINION & ORDER

This civil action is one of a number of similar, relatively recent suits filed by plaintiffs (collectively, "CUNA Mutual") to rescind their purchase of various residential mortgage-backed securities ("RMBS"), all of which performed dismally and lost much of their value during the collapse...

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