Anwar et al v. Fairfield Greenwich Limited et al

Filing 1063

DECISION AND ORDER: Accordingly, for substantially the reasons set forth in the Order the Court adopts the Order in its entirety. For the reasons discussed above, it is hereby ORDERED that the Order of Magistrate Judge Frank Maas dated February 15, 2013 (Docket No. 1045) is adopted in its entirety, and the objections (Docket No. 1051) of plaintiffs are DENIED (Signed by Judge Victor Marrero on 3/1/2013) (js)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ----x PASHA S. ANWAR, et al.{ 09 Civ. 0118 (VM) Plaintiffs, DECISION AND ORDER against ===========. i'--,::,:,:,::=:-=-:"",::,~-":,-=- FAIRFIELD GREENWICH GROUP { et al. ",/l:S:DC srJ.'i Y 1l)t)CU~lENT I Defendants. I. ~ BACKGROUND By Order dated February 15{ 2013, Magistrate Judge Frank Maas{ to whom this matter had been referred supervision of pretrial proceedings, issued an Order (the "Order{" Docket No. 1045) directing that if plaintiffs have any additional expert opinions they wish to offer beyond those already expressed in their initial reports they should convey such opinions in a further rebuttal or risk being precluded from presenting that testimony. Plaintiffs filed timely obj ections to the Order. The Standard Chartered Bank Defendants have responded to the pI iffs' objections. For the reasons stated below{ the Court adopts the Order in entirety. II. STANDARD OF REVIEW A district court evaluating a Magistrate Judge's order with respect to a matter not dispositive of a claim or defense may adopt the magistrate judge's findings and conclusions as long as the factual and legal bases supporting the ruling are See 28 U. S. C. not clearly erroneous or contrary to law. 636 (b) (1) (A) 140, 149 rulings should be Inc. v. The magistrate afforded So, Thomas v. Arn, 474 U.S. i judge' s substantial 748 F. Supp. non-dispositive deference. 2d 244, 248 See (S.D.N.Y. A district judge, after considering any objections by the parties, part, Fed. R. Civ. P. 72 (a) (1985). R.F.M.A.S., 2010). i § may accept, set aside, or modify, in whole or in the findings conclusions of the magistrate judge with regard to such matters. See Fed. R. Civ. P. 72(a) i see also DeLuca v. Lord, 858 F. Supp. 1330, 1345 (S.D.N.Y. 1994). III. DISCUSSION Having conducted a review of the record of the matter before the Court, including the parties' respective papers submitted in connection with this proceeding, as well as the Order and applicable legal authorities, the Court concludes that the findings and reasoning of the Order are not clearly erroneous or contrary to law -2 ­ and are thus warranted. Accordingly, for substantially the reasons set forth in the Order the Court adopts the Order in its entirety. IV. ORDER For the reasons discussed above, it is hereby ORDERED that the Order of Magistrate Judge Frank Maas dated February 15, 2013 (Docket No. 1045) is adopted in its entirety, and the objections (Docket No. 1051) of plaintiffs are DENIED. SO ORDERED. Dated: NEW YORK, NEW YORK 1 March 2013 Victor Marrero U.S.D.J. -3­

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