Anwar et al v. Fairfield Greenwich Limited et al, No. 1:2009cv00118 - Document 519 (S.D.N.Y. 2010)

Court Description: DECISION AND ORDER that the request of defendants GlobeOp Financial Services, LLC, Citco Fund Services (Europe) B.V., Citco (Canada) Inc., Citco Global Custody N.V., Citco Bank Nederland N.V. Dublin Branch, Citco Fund Services (Bermuda) Limited, the Citco Group Limited, Fairfield Greenwich Ltd., Fairfield Greenwich (Bermuda) Ltd., Fairfield Greenwich Advisors, LLC, Fairfield Risks Services Ltd., Fairfield Heathcliff Capital LLC, Lourdes Barreneche, Vianney d' Hendecourt, Harold Greisman, Jacqueline Harary, Richard Landsberger, Daniel Lipton, Julia Luongo, Mark McKeefry, Santiago Reyes, Yanko Della Schiava, Andrew Smith, Maria Teresa Pulido Mendoza, Charles Murphy, Corina Piedrahita, Philip Toub, Walter Noel, Jeffrey Tucker, Andres Piedrahita, Amit Vijayvergiya, David Horn, Robert Blum, Cornelis Boele, PricewaterhouseCoopers Accountants N.V., and Pricewaterhouse Coopers LLP, to certify as a final judgment this Court's determination that (1) New York State's Martin Act does not preempt state law causes of action; (2) the Securities Litigation Uniform Standards Act does not require dismissal of fraud-based state law causes of action; (3) Plaintiffs have standing to sue directly; and (4) discovery may proceed on matters related to Morrison v. National Australia Bank, 130 S. Ct. 2869 (2010), is DENIED. SO ORDERED. (Signed by Judge Victor Marrero on 9/13/2010) (jmi) Modified on 9/13/2010 (jmi). (Entered: 09/13/2010)