FULTON BANK, NATIONAL ASSOCIATION v. NATCITY INVESTMENTS, INC.

Filing 83

ORDER THAT DEFT NATCITY INVESTMENTS, INC.'S MOTION IS GRANTED AS TO PLFF'S THIRD CAUSE OF ACTION ASSERTING A CLAIM FOR VIOLATION OF SECTION 1-501 OF THE PENNSYLVANIA SECURITIES ACT. DEFT'S MOTION IS DENIED IN ALL OTHER RESPECTS. PLFF F ULTON BANK, NATIONAL ASSOCIATION'S MOTION FOR SUMMARY JUDGMENT ON ITS THIRD CAUSE OF ACTION IS DENIED. JUDGMENT IS ENTERED IN FAVOR OF DEFT & AGAINST PLFF. SIGNED BY HONORABLE LAWRENCE F. STENGEL ON 1/19/17. 1/20/17 ENTERED AND COPIES E-MAILED.(kw, )

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA

FULTON BANK, NATIONAL
ASSOCIATION, SUCCESSOR TO
FULTON FINANCIAL ADVISORS,
NATIONAL ASSOCIATION,
Plaintiff,
v.
NATCITY INVESTMENTS, INC.
Defendant.

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CIVIL ACTION

NO. 09-4855

ORDER
AND NOW, this 19th day of January, 2017, upon consideration of Defendant NatCity
Investments, Inc.’s Motion for Summary Judgment (ECF 63), Plaintiff Fulton Bank, National
Association, successor to Fulton Financial Advisors, National Association’s Motion for
Summary Judgment on its Third Cause of Action (ECF 64), and all responses and replies thereto,
it is hereby ORDERED as follows:
1.

Defendant NatCity Investments, Inc.’s Motion is GRANTED as to Plaintiff’s

Third Cause of Action asserting a claim for violation of Section 1-501 of the Pennsylvania
Securities Act.
2.

Defendant’s Motion is DENIED in all other respects.

3.

Plaintiff Fulton Bank, National Association, successor to Fulton Financial

Advisors, National Association’s Motion for Summary Judgment on its Third Cause of Action is
DENIED.

4.

Judgment is ENTERED in favor of Defendant NatCity Investments, Inc. and

against Plaintiff Fulton Bank, National Association, successor to Fulton Financial Advisors,
National Association on Plaintiff’s Third Cause of Action.
BY THE COURT:

s/ Lawrence F. Stengel
LAWRENCE F. STENGEL, J.