ALLSTATE INSURANCE COMPANY v. CREDIT SUISSE SECURITIES (USA) LLC

No. 11 Civ. 2232 (NRB).

ALLSTATE INSURANCE COMPANY, ALLSTATE LIFE INSURANCE COMPANY, ALLSTATE BANK (f/k/a ALLSTATE FEDERAL SAVINGS BANK), and KENNETT CAPITAL, INC., Plaintiffs, v. CREDIT SUISSE SECURITIES (USA) LLC, CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP., ASSET BACKED SECURITIES CORPORATION, and DLJ MORTGAGE CAPITAL, INC., Defendants.

United States District Court, S.D. New York.

October 19, 2011.


MEMORANDUM AND ORDER

NAOMI REICE BUCHWALD, District Judge.

Plaintiffs brought this action in the New York State Supreme Court of New York County on February 28, 2011, alleging state common law claims of fraud and negligent misrepresentation. Defendants removed the action to this Court on March 31, 2011, pursuant to 28 U.S.C. §§ 1334(b), 1441, 1446, and 1452(a). On May 2, 2011, plaintiffs moved to remand the case back to state court, or alternatively...

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