# Litovich

> District Court, S.D. New York · September 2, 2025

URL: https://www.frixlaw.com/law-library/cases/11173280

## Case

- **Full name:** 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 v. 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
- **Court:** District Court, S.D. New York
- **Decided:** September 2, 2025
- **Opinion:** 100trialcourt
- **Cited by:** 0 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/11173280

## Opinion text

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
----------------------------------------------------------------X
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.
----------------------------------------------------------------X
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

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/11173280. Public record. Not legal advice.