In Re: Lehman Brothers Equity/Debt Securities Litigation

Filing 263

OPINION re: (296 in 1:09-md-02017-LAK, 227 in 1:08-cv-05523-LAK) MOTION to Dismiss the Third Amended Complaint filed by Ernst & Young LLP, (224 in 1:08-cv-05523-LAK, 293 in 1:09-md-02017-LAK) MOTION to Dismiss filed by John d. Macomber, Caja de Ahorros y Monte de Piedad de Madrid, UBS Financial Services Inc., Cabrera Capital Markets, LLC, Scotia Capital (USA) Inc., Christopher M. O'Meara, Mellon Financial Markets, LLC, Thomas H. Cruikshank, Commerzbank Capital Markets Corp., Fortis Securities, LLC, Erin Callan, Christopher Gent, BBVA Securities Inc., TD Securities (USA) LLC, RBS Securities Inc., William Capital Group, L.P., UBS Securities LLC, Muriel Siebert & Co., Inc., DnB NOR Markets Inc., A.G. Edwards & Sons, Inc., BNP Paribas S.A., Daiwa Securities SMBC Europe Limited, Marsha Johnson Evans, Ing Financial Markets LLC, BMO Capital Markets Corp, Sovereign Securities Corporation, LLC, Henry Kaufman, Merrill Lynch, Pierce, Fenner & Smith, Inc., SunTrust Robinson Humphrey, Inc., RBC Dain Rauscher Inc., Harris Nesbitt Corp., Michael L. Ainslie, National Australia Bank Limited, Charles Schwab & Co., Inc., Fidelity Capital Markets Services, ANZ Securities, Inc., Mizuho Securities USA, Inc., BMO Capital Markets Corp., Raymond James & Associates, Inc., Ian Lowitt, RBC Capital Markets Corp., Cabrera Capital Markets LLC, Commerzbank Capital Markets Corp., Roland A. Hernandez, Sir Christopher Gent, RBS Greenwich Capital, Sovereign Securities Corporation LLC, Wachovia Securities LLC, BNY Mellon Capital Markets, LLC, Calyon Securities (USA) Inc., Richard S. Fuld, Jr., Joseph M. Gregory, HSBC Securities (USA) Inc., Roger S. Berlind, Citigroup Global Markets Inc., ABN AMRO Incorporated, HVB Capital Markets, Inc., Calyon Securities USA Inc, Incapital LLC, Morgan Stanley & Co. Inc., DZ Financial Markets LLC, DnB NOR Markets, CIBC World Markets Corp., Edward D. Jones & Co., L.P., DnB NOR Markets Inc, Williams Capital Group L.P., John F. Akers, M.R. Beal & Company, Merrill Lynch, Pierce, Fenner & Smith Inc., Wells Fargo Securities, LLC, Siebert Capital Markets, Wachovia Securities, LLC, Banc of America Securities LLC, Natixis Bleichroeder Inc., Ronald Hernandez, Loop Capital Markets, LLC, Santander Investment Securities Inc., SG Americas Securities LLC, (230 in 1:08-cv-05523-LAK, 299 in 1:09-md-02017-LAK) MOTION to Dismiss filed by John d. Macomber, Thomas H. Cruikshank, Christopher Gent, Marsha Johnson Evans, Henry Kaufman, Michael L. Ainslie, Sir Christopher Gent, Roland A. Hernandez, Roger S. Berlind, John F. Akers. The motions to dismiss the TAC [09 MD 2017, docket items 293, 296, 299; 08 Civ. 5523, docket items 224, 227, 230] are granted in part and denied in part as set forth above. Defendants shall settle an order more fully setting forth the rulings made herein, preferably an order agreed as to form by all parties, on seven days notice. (Signed by Judge Lewis A. Kaplan on 7/27/2011) Filed In Associated Cases: 1:09-md-02017-LAK, 1:08-cv-05523-LAK(tro)