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City of Cambridge Retirement System v. Altisource Asset Management Corporation et al

Collection
Courts
Sub-shelf
District Court of the Virgin Islands (federal)
Kind
Court Record
Island
St. Croix
Date
2017-04-06
Pages
1
Text
Native Text

IN THE DISTRICT COURT OF THE VIRGIN ISLANDS . DIVISION OF ST. CROIX CITY OF CAMBRIDGE RETIREMENT SYSTEM, et al. v. ALTISOURCE ASSET MANAGEMENT CORPORATION, et al. ORDER CIVIL ACTION NO. 15-04 AND NOW, this 6tL day of April, 2017, for the reasons set forth in the accompanying memorandum, it is hereby ORDERED that the motion of defendants Altisource Asset Management Corporation, William C. Erbey, Kenneth D. Najour, Ashish Pandey, and Robin N. Lowe to dismiss the consolidated complaint (Doc. # 51) is GRANTED and the action is DISMISSED for failure to state a claim upon which relief can be granted under Rules 9(b) and 12(b) (6) of the Federal Rules of Civil Procedure and the Private Securities Litigation Reform Act, 15 U.S.C. § 78u-4, et seq. BY THE COURT: .. , J. Case: 1:15-cv-00004-HB-GWC Document #: 75 Filed: 04/06/17 Page 1 of 1

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Original source: https://www.govinfo.gov/content/pkg/USCOURTS-vid-1_15-cv-00004/pdf/USCOURTS-vid-1_15-cv-00004-1.pdf

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Document text

IN THE DISTRICT COURT OF THE VIRGIN ISLANDS . DIVISION OF ST. CROIX CITY OF CAMBRIDGE RETIREMENT SYSTEM, et al. v. ALTISOURCE ASSET MANAGEMENT CORPORATION, et al. ORDER CIVIL ACTION NO. 15-04 AND NOW, this 6tL day of April, 2017, for the reasons set forth in the accompanying memorandum, it is hereby ORDERED that the motion of defendants Altisource Asset Management Corporation, William C. Erbey, Kenneth D. Najour, Ashish Pandey, and Robin N. Lowe to dismiss the consolidated complaint (Doc. # 51) is GRANTED and the action is DISMISSED for failure to state a claim upon which relief can be granted under Rules 9(b) and 12(b) (6) of the Federal Rules of Civil Procedure and the Private Securities Litigation Reform Act, 15 U.S.C. § 78u-4, et seq. BY THE COURT: .. , J. Case: 1:15-cv-00004-HB-GWC Document #: 75 Filed: 04/06/17 Page 1 of 1