City of Westland Police and Fire Retirement System v. Metlife, Inc. et al, No. 1:2012cv00256 - Document 52 (S.D.N.Y. 2013)

Court Description: MEMORANDUM OPINION re: 38 MOTION to Dismiss the Amended Complaint filed by Bank of America Merril Lynch, Pierce, Fenner and Smith Inc., HSBC Securities (USA) Inc., Credit Suisse Securities (USA) LLC, Wells Fargo Securities, LLC, Goldman Sach s & Co., Citigroup Global Markets, Inc., 42 MOTION to Dismiss filed by Peter M. Carlson, Cheryl W. Grise, William J. Wheeler, Lulu C. Wang, Eduardo Castro-Wright, William J. Mullaney, James M. Kilts, C. Robert Henrikson, Hugh B. Price, Sylvia Mathe ws Burwell, Kenton J. Sicchitano, R. Glenn Hubbard, John M. Keane, David Satcher, Alfred F. Kelly, Jr., Steven A. Kandarian, Catherine R. Kinney, Metlife, Inc. For the foregoing reasons, the Court grants the motions [DI 38, 42] to the extent they se ek dismissal of the Exchange Act claims, dismissal of the Section 11 claims against Kandarian and Mullaney, dismissal of the Section 12(a)(2) claims as to the Individual and Director Defendants and dismissal of the Section 15 claim against Castro-Wright. The motions are denied in all other respects. (Signed by Judge Lewis A. Kaplan on 2/28/2013) (mro)