BROYLES v. CANTOR FITZGERALD & CO.

Civil Action Nos. 10-854-JJB-CBW, 10-857-JJB-CBW

JOSEPH N. BROYLES, ET AL. v. CANTOR FITZGERALD & CO, ET AL. Consolidated with: JOSEPH N. BROYLES, ET AL. v. CANTOR FITZGERALD & CO, ET AL.

United States District Court, M.D. Louisiana.

September 8, 2016.

Editors Note
Applicable Law: 28 U.S.C. § 1441
Cause: 28 U.S.C. § 1441 - Petition for Removal: Securities Fraud
Nature of Suit: 850 Securities / Commodities
Source: PACER


Attorney(s) appearing for the Case

Joseph N. Broyles, Plaintiff, represented by Patrick N. Broyles , Broyles Law Firm. LLC.

Joseph N. Broyles, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson & Molly Louise Wells , Fishman Haygood LLP.

Anne Richey, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Karen L. Barranco, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Susan B. Beninati, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

M. Badi Asbahi, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Preston Cloyd, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Charles Richey, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Russ P. Barranco, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Registrar of Voters Employee Retirement System, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Jody A. Barranco, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Janice B. Virgadamo, Plaintiff, represented by Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Registrar of Voters Employee Retirement System, Plaintiff, represented by Patrick N. Broyles , Broyles Law Firm. LLC, Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson & Molly Louise Wells , Fishman Haygood LLP.

Firefighters' Retirement System, Plaintiff, represented by Steven Scott Stockstill , Firefighters Retirement System, Alysson L. Mills , Fishman Haygood, James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & Patrick N. Broyles , Broyles Law Firm. LLC.

Steven D Collins, Sr., Plaintiff - Consolidated, represented by Patrick N. Broyles , Broyles Law Firm. LLC, Alysson L. Mills , Fishman Haygood, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson.

Eilleen Collins, Plaintiff - Consolidated, represented by Patrick N. Broyles , Broyles Law Firm. LLC, Alysson L. Mills , Fishman Haygood, Jason W. Burge , Fishman Haygood Phelps Walmsley Willis & Swanson, Molly Louise Wells , Fishman Haygood LLP & James R. Swanson , Fishman, Haygood, Phelps, Walmsley, Willis & Swanson.

Sand Spring Capital III Master Fund, LLC, Plaintiff - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Margaret Davis , Reasonover & Associates, LLC, Nicholas Harold Berg , Reasonover & Associates, LLC & William Spencer King , Reasonover & Associates.

Sand Spring Capital III, LLC, Plaintiff - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Margaret Davis , Reasonover & Associates, LLC, Nicholas Harold Berg , Reasonover & Associates, LLC & William Spencer King , Reasonover & Associates.

Sand Spring Capital III, Ltd., Plaintiff - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Margaret Davis , Reasonover & Associates, LLC, Nicholas Harold Berg , Reasonover & Associates, LLC & William Spencer King , Reasonover & Associates.

CA High Yield Fund, LLC, Plaintiff - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Margaret Davis , Reasonover & Associates, LLC, Nicholas Harold Berg , Reasonover & Associates, LLC & William Spencer King , Reasonover & Associates.

CA High Yield Offshore Fund, LTD., Plaintiff - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Margaret Davis , Reasonover & Associates, LLC, Nicholas Harold Berg , Reasonover & Associates, LLC & William Spencer King , Reasonover & Associates.

CA Core Fixed Income Fund, LLC, Plaintiff - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Margaret Davis , Reasonover & Associates, LLC, Nicholas Harold Berg , Reasonover & Associates, LLC & William Spencer King , Reasonover & Associates.

CA Core Fixed Income Offshore Fund, LTD, Plaintiff - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Margaret Davis , Reasonover & Associates, LLC, Nicholas Harold Berg , Reasonover & Associates, LLC & William Spencer King , Reasonover & Associates.

CA Strategic Equity Fund, LLC, Plaintiff - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Margaret Davis , Reasonover & Associates, LLC, Nicholas Harold Berg , Reasonover & Associates, LLC & William Spencer King , Reasonover & Associates.

CA Strategic Equity Offshore Fund, LTD, Plaintiff - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Margaret Davis , Reasonover & Associates, LLC, Nicholas Harold Berg , Reasonover & Associates, LLC & William Spencer King , Reasonover & Associates.

Commonwealth Advisors, Inc., Defendant, represented by Fredrick R. Tulley , Taylor, Porter, Brooks & Phillips, John Anthony Milazzo, Jr. , Taylor, Porter, Brooks & Phillips, L.L.P. & Ryan Keith French , Taylor, Porter, Brooks & Phillips, LLP.

Walter A Morales, III, Defendant, represented by Fredrick R. Tulley , Taylor, Porter, Brooks & Phillips, John Anthony Milazzo, Jr. , Taylor, Porter, Brooks & Phillips, L.L.P. & Ryan Keith French , Taylor, Porter, Brooks & Phillips, LLP.

Stone & Youngberg, LLC, Defendant - Consolidated, represented by George C. Freeman, III , Barrasso Usdin Kupperman Freeman & Sarver LLC, Jamie L. Berger , Barrasso Usdin Kupperman Freeman & Sarver LLC & Robert J. Dressel , Barrasso Usdin Kupperman Freeman & Sarver.

Mitchell Gage, Defendant - Consolidated, represented by George C. Freeman, III , Barrasso Usdin Kupperman Freeman & Sarver LLC & Sarah Leslie Rubin , Barrasso Usdin Kupperman Freeman & Sarver LLC.

Kenneth Williams, Defendant - Consolidated, represented by George C. Freeman, III , Barrasso Usdin Kupperman Freeman & Sarver LLC & Sarah Leslie Rubin , Barrasso Usdin Kupperman Freeman & Sarver LLC.

Anthony Guaimano, Defendant - Consolidated, represented by George C. Freeman, III , Barrasso Usdin Kupperman Freeman & Sarver LLC, Jamie L. Berger , Barrasso Usdin Kupperman Freeman & Sarver LLC & Robert J. Dressel , Barrasso Usdin Kupperman Freeman & Sarver.

Michael Jennings, Defendant - Consolidated, represented by James Rodney Chastain, Jr. , Kean, Miller, Hawthorne, D'Armond, Rory C. Flynn , Bruch Hanna LLP, Sandra M. Hanna , Bruch Hanna, pro hac vice & Tara Montgomery Madison , Kean Miller LLP.

Jack Turner, Defendant - Consolidated, represented by George C. Freeman, III , Barrasso Usdin Kupperman Freeman & Sarver LLC & Sarah Leslie Rubin , Barrasso Usdin Kupperman Freeman & Sarver LLC.

Stifel Financial Corp., Defendant - Consolidated, represented by Stephen Henry Kupperman , Barrasso Usdin Kupperman Freeman & Sarver LLC & David N. Luder , Barrasso Usdin Kupperman Freeman & Sarver.

Stifel, Nicolaus & Company, Inc., Defendant - Consolidated, represented by Stephen Henry Kupperman , Barrasso Usdin Kupperman Freeman & Sarver LLC & David N. Luder , Barrasso Usdin Kupperman Freeman & Sarver.

Kevin Miller, Defendant - Consolidated, Pro Se.

Michelle Wilson-Clarke, Defendant - Consolidated, represented by Thomas M. Flanagan , Flanagan Partners LLP, Andy J. Dupre , Flanagan Partners, LLP & Camille Elise Gauthier , Flanagan Partners LLP.

Noel Caldwell, Defendant - Consolidated, represented by Scott D. Wilson , Scott D. Wilson, APLC.

Sand Spring Capital III Master Fund, LLC, Counter Defendant - Consolidated, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

Sand Spring Capital III Master Fund, LLC, Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones, Nicholas Harold Berg , Reasonover & Associates, LLC, Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

Commonwealth Advisors, Inc., Counter Claimant, represented by Fredrick R. Tulley , Taylor, Porter, Brooks & Phillips, John Anthony Milazzo, Jr. , Taylor, Porter, Brooks & Phillips, L.L.P. & Ryan Keith French , Taylor, Porter, Brooks & Phillips, LLP.

Walter A Morales, III, Counter Claimant, represented by Fredrick R. Tulley , Taylor, Porter, Brooks & Phillips, John Anthony Milazzo, Jr. , Taylor, Porter, Brooks & Phillips, L.L.P. & Ryan Keith French , Taylor, Porter, Brooks & Phillips, LLP.

CA Core Fixed Income Fund, LLC, Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

CA Core Fixed Income Offshore Fund, LTD, Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

CA High Yield Fund, LLC, Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

CA High Yield Offshore Fund, LTD., Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

CA Strategic Equity Fund, LLC, Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

CA Strategic Equity Offshore Fund, LTD, Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

Sand Spring Capital III Master Fund, LLC, Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

Sand Spring Capital III, LLC, Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.

Sand Spring Capital III, Ltd., Counter Defendant, represented by Kirk Reasonover , Reasonover & Associates, LLC, Joshua L. Rubenstein , Scheuermann & Jones, LLC, Lawrence Blake Jones , Scheuermann & Jones & Nicholas Harold Berg , Reasonover & Associates, LLC.


THIS APPLIES TO CIVIL ACTION NO. 3:10-CV-00857 RULING

This matter is before the Court on the Motion in Limine to Exclude Evidence and Argument That The Absence of an Investigation or Enforcement Action by Securities Regulators is Evidence of Lack of Wrongdoing by the Plaintiffs, CA Funds.

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