Opinion

Litovich

Court
District Court, S.D. New York
Filed
Sep 2, 2025
Cited by
0 cases
Authority
More cited than 35.7%

The opinion

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF NEW YORK

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ISABEL LITOVICH; MICHAEL V. COTTRELL;

FRANK HIRSCH; HOLDCRAFT MARITAL

TRUST; and UNITED FOOD AND

COMMERCIAL WORKERS UNION AND

PARTICIPATING FOOD INDUSTRY

EMPLOYERS TRI-STATE PENSION FUND, on

Behalf of Themselves and All Others Similarly

Situated,

Plaintiffs,

-against- 20 CIVIL 3154 (VEC)

JUDGMENT

BANK OF AMERICA CORPORATION;

MERRILL LYNCH, PIERCE, FENNER &

SMITH, INC.; BANK OF AMERICA

SECURITIES, INC.; BARCLAYS CAPITAL

INC.; CITIGROUP INC.; CITIGROUP GLOBAL

MARKETS INC.; CREDIT SUISSE SECURITIES

(USA) LLC; DEUTSCHE BANK SECURITIES

INC.; THE GOLDMAN SACHS GROUP, INC.;

GOLDMAN, SACHS & CO., LLC; JPMORGAN

CHASE & CO.; J.P. MORGAN SECURITIES

LLC; MORGAN STANLEY; MORGAN

STANLEY & CO., LLC; MORGAN STANLEY

SMITH BARNEY LLC; NATWEST MARKETS

SECURITIES INC.; WELLS FARGO & CO.;

WELLS FARGO SECURITIES LLC; and WELLS

FARGO CLEARING SERVICES, LLC,

Defendants.

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It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons

stated in the Court's Opinion and Order dated September 02, 2025, Defendants' motion to

dismiss the SAC is GRANTED. Although leave to amend should generally be "freely give[n],"

Fed. R. Civ. P. 15(a)(2), "leave to amend a complaint may be denied when amendment would be

futile." Tacker v. Philip Morris Cos., Inc., 470 F.3d 481, 491 (2d Cir. 2006) (citation omitted).

Plaintiffs have already amended the Complaint twice, and any further amendment would be

futile. Despite several opportunities to amend, Plaintiffs are still asserting the same disparate

allegations without pleading facts sufficient from which the Court can infer a conspiracy. For

those reasons, leave to amend is denied; accordingly, the case is closed.

Dated: New York, New York

September 2, 2025

TAMMI M. HELLWIG

Clerkof Court

Deputy Clerk

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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