IN RE TREMONT SECURITIES LAW, STATE LAW AND INSURANCE LITIGATION, No. 1:2008cv11117 - Document 345 (S.D.N.Y. 2010)

Court Description: OPINION re: (103 in 1:08-cv-11117-TPG, 35 in 1:08-cv-11212-TPG) MOTION to Dismiss the Complaint or Alternatively to Compel Arbitration and to Stay the Consolidated Securities Action. filed by KPMG, KPMG LLP, (45 in 1:08-cv-11212-TPG) MOTION t o Dismiss. filed by Ernst & Young LLP. For the reasons set forth herein, E&Y's and KPMG's motions to dismiss are granted (Docket Nos. 35 and 45 on 08 Civ. 11212; Docket No. 103 on 08 Civ. 11117). (Signed by Judge Thomas P. Griesa on 3/30/2010) Filed In Associated Cases: 1:09-md-02052-TPG, 1:08-cv-11117-TPG, 1:08-cv-11212-TPG(jmi)