FDIC v. FIRST HORIZON ASSET SECURITIES INC.

12 Civ. 6166 (LLS).

443 F.Supp.3d 505 (2020)

FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver for Colonial Bank, Plaintiff, v. FIRST HORIZON ASSET SECURITIES INC., First Horizon Home Loan Corporation, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., FTN Financial Securities Corp., HSBC Securities (USA) Inc., RBS Securities Inc., UBS Securities LLC, and Wells Fargo Asset Securities Corporation, Defendants.

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

Signed March 11, 2020.

Editors Note
Applicable Law: 28 U.S.C. § 1331sv
Cause: 28 U.S.C. § 1331sv Fed. Question: Securities Violation
Nature of Suit: 850 Securities / Commodities
Source: PACER


Attorney(s) appearing for the Case

David J. Grais , Kristina Marie Mentone , Maria Heifetz , Victoria Reznik , Grais & Ellsworth, LLP, New York, NY, Mary Godwin Menge , Michael T. Sansbury , Robert K. Spotswood , Spotswood Sansom & Sansbury LLC, Birmingham, AL, for Plaintiff.

Bruce Edward Clark , Kathleen Suzanne McArthur , Sullivan and Cromwell, LLP, John Ansbro , Nicholas Anthony Poli , Paul Francis Rugani , Richard Andre Jacobsen, Jr. , Camille J. Rosca , Orrick, Herrington & Sutcliffe LLP, Andrew Tyler Frankel , Thomas C. Rice , Abigail Whitney Williams , Alexandra Carrington Pitney , Isaac Martin Rethy, Kimberly Ann Hamm , Linton Mann, III , Simpson Thacher & Bartlett LLP, Michael Orth Ware , Charles Salem Korschun , Jennifer Marie Rosa , Mark Hanchet , Nicolas Evans Rodriguez , Mayer Brown LLP, Alvina Pillai , Demetri Brumis Blaisdell , Jack G. Stern , Mario De Oliveira Gazzola , Boies Schiller Flexner LLP, Andrew W. Goldwater , Friedman, Kaplan, Seiler & Adelman, LLP, New York, NY, Amanda Flug Davidoff , Carolyn Danielle Jeffries , James Harris Congdon , Sullivan & Cromwell LLP, Washington, DC, Barry S. Levin , Pro Hac Vice, Darren S. Teshima , Orrick, Herrington & Sutcliffe LLP, Achyut J. Phadke , Pro Hac Vice, David Halleck Fry , Pro Hac Vice, Munger, Tolles & Olson LLP, San Francisco, CA, Adam Patrick Barry , Erin Joan Cox , Pro Hac Vice, Gregory Phillips , James Christopher Rutten , Pro Hac Vice, Kenneth Michael Trujillo-Jamison , Munger, Tolles & Olson LLP, Los Angeles, CA, Katherine Candis Clark , Davidson & Grannum, LLP, Orangeburg, NY, for Defendants.


OPINION & ORDER

Plaintiff brought this action alleging violations of the Securities Act of 1933, Alabama Securities Act, and Nevada Uniform Securities Act for material misstatements and omissions regarding residential mortgage-backed securities. Defendant RBS Securities Inc. ("RBS") moves for partial summary...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases