SEC v. Reserve Mgmt. Co. (In re Reserve Fund Sec. & Derivative Litig.), 2010 U.S. Dist. LEXIS 16537 (S.D.N.Y. February 24, 2010)

SEC v. Reserve Mgmt. Co. (In re Reserve Fund Sec. & Derivative Litig.), 2010 U.S. Dist. LEXIS 16537 (S.D.N.Y. February 24, 2010)

LexisNexis Core Terms: redemption, support agreement, e-mail, investor, motive, liquidity, shareholder, scienter, billion, morning, false statements, overdraft, omissions, personnel, rating, commit fraud, recklessness, suspended, fraud claims, enforcement action, misstatement, misbehavior, fraudulent, assurances, conscious, buck, actionable, collapse, concrete, adviser

Counsel: For Leon Frankel, Lead Plaintiff (1:09-cv-04346-PGG): Gary Steven Graifman, LEAD ATTORNEY, Kantrowitz Goldhamer & Graifman, P.C., Chestnut Ridge, NY.

For Securities and Exchange Commission, Plaintiff (1:09-cv-04346-PGG): James A Clarkson, Nancy A Brown, LEAD ATTORNEYS, Securities & Exchange Commission (3 WFC), New York, NY; Michael David Birnbaum, United States Securities and Exchange Commission, New York, NY; Valerie Ann Szczepanik, U.S. Securities and Exchange Commission( 3 World Financial), New York, NY.

For TD Ameritrade Holding Corporation, TD Ameritrade Online Holdings Corp., TD Ameritrade, Inc., TD Ameritrade Clearing, Inc., National Investor Services Corporation, TD Ameritrade Trust Company, Amerivest Investment Management, LLC, TD Ameritrade Services Company, Inc., TD Waterhouse Capital Markets, Inc., Plaintiffs (1:09-cv-04346-PGG): David J. Berger, Wilson Sonsini Goodrich & Rosati (CA), Palo Alto, CA.

Leon Frankel, Plaintiff (1:09-cv-04346-PGG), Pro se.

For George C. Dyer, Plaintiff (1:09-cv-04346-PGG): Christina H. C. Sharp, Daniel Charles Girard, LEAD ATTORNEYS, Jonathan K. Levine, Girard Gibbs LLP, San Francisco, CA.

For Reserve Management Company, Inc., Resrv Partners, Inc., Bruce Bent, Sr., Bruce Bent, II, Defendants (1:09-cv-04346-PGG): Christopher J. Clark, LEAD ATTORNEY, Kevin Christopher Wallace, Kristen Bradbury Weil, Dewey & LeBoeuf, L.L.P.(NYC), New York, NY; George Richard Dodge, LEAD ATTORNEY, Dewey & LeBoeuf, LLP (DC), Washington, DC; Fran Marcia Jacobs, John Dellaportas, Justin Joseph D'Elia, Duane Morris, LLP (NYC), New York, NY; Stephen A. Best, PRO HAC VICE, Dewey & LeBoeuf, LLP (DC), Washington, DC.

For The Reserve Primary Fund, Relief Defendant (1:09-cv-04346-PGG): Tariq Mundiya, LEAD ATTORNEY, Willkie Farr & Gallagher LLP (NY), New York, NY.

For Autodesk, Inc, Claimant (1:09-cv-04346-PGG): Robert John Malionek, LEAD ATTORNEY, Latham & Watkins, LLP, New York, NY.

For Russell Investment Company, Claimant (1:09-cv-04346-PGG): William Kennedy Dodds, LEAD ATTORNEY, Dechert, LLP (NYC), New York, NY.

For Fremont Group, L.L.C., Fremont Investors, Inc., Fremont Strategic Property Partners II L.P., Fremont Strategic Property Partners, L.P., Fremont FSPP Associates, L.P., Fremont Properties, Inc., Fremont Energy, L.P., Fremont TVL VII, L.P., Fremont Realty Capital, L.P., Fremont TVL VIII, L.P., Fremont Partners Side-By-Side, L.P., Fremont Capital, Inc., Fremont Realty Capital Investors, L.P., Fremont FSPP Associates, L.P., Fremont TVL VI Partners L.P., Fremont Partners III Side-By-Side, L.P., Fremont HS Ventures, L.L.C., Fremont FSPP Partners, Claimants (1:09-cv-04346-PGG): Roger B. Mead, LEAD ATTORNEY, Folger Levin & Kahn LLC, San Francisco, CA; Vincent E. Gentile, LEAD ATTORNEY, Drinker Biddle & Reath, Princetonille, NJ; Beatrice B. Nguyen, Douglas W. Sullivan, PRO HAC VICE, Crowell & Moring LLP (CA), San Francisco, CA.

For FSH TVL VIII, L.P., 333 MSA Fremont II, L.L.C., Sequoia Ventures Inc., FPR Partners, LLC, FSPP Panama Te, Inc., FSH FP III, L.P., FMI Associates, L.L.C., BF Global, L.P., Claimants (1:09-cv-04346-PGG): Roger B. Mead, LEAD ATTORNEY, Folger Levin & Kahn LLC, San Francisco, CA; Vincent E. Gentile, LEAD ATTORNEY, Drinker Biddle & Reath, Princetonille, NJ.

For Safeco Insurance Company of America, Claimant (1:09-cv-04346-PGG): David S. Douglas, Gallet Dreyer & Berkey, LLP, New York, NY.

For International Business Machines Corp., Lazard Freres & Co. LLC, Lazard Group LLC, Qualcomm Inc., FLO TV Incorporated, Time Warner Inc., Time Warner Cable Inc., Claimants (1:09-cv-04346-PGG): Antony L Ryan, Thomas G. Rafferty, LEAD ATTORNEYS, Cravath, Swaine & Moore LLP, New York, NY.

For State Street Bank and Trust Company, Claimant (1:09-cv-04346-PGG): David B. Mack, LEAD ATTORNEY, PRO HAC VICE, O'connor, Carnthan and MacK LLC, Burlington, MA; Joseph M. Pastore, III, LEAD ATTORNEY, Fox Rothschild, LLP(CT), Stamford, CT; Sean T. Carnathan, LEAD ATTORNEY, O'connor, Carnthan and MacK LLC, Burlington, MA; John Aubrey Wait, Fox Rothschild, Attorneys at Law (NYC), New York, NY.

For PG&E Corporation, Claimant (1:09-cv-04346-PGG): Laura Joy Edelstein, LEAD ATTORNEY, Brune & Richard LLP (SFran), San Francisco, CA; Susan E. Brune, LEAD ATTORNEY, Brune & Richard LLP, New York, NY.

For Visa U.S.A., Inc., Claimant (1:09-cv-04346-PGG): Michael Eugene Hagenson, Michael S. Shuster, Sheron Korpus, LEAD ATTORNEYS, Kasowitz, Benson, Torres & Friedman, LLP (NYC), New York, NY.

For Stable Investment Corporation, Claimant (1:09-cv-04346-PGG): Richard C. Pepperman, II, Sullivan and Cromwell, LLP (NYC), New York, NY.

For Nissan North America, Inc., Claimant (1:09-cv-04346-PGG): Frances S. Cohen, LEAD ATTORNEY, Bingham McCutchen LLP (Boston), Boston, MA.

For Alticor Inc., Claimant (1:09-cv-04346-PGG): Eric Rieder, LEAD ATTORNEY, Bryan Cave LLP (NY), NY, NY.

For Atlas Air Worldwide Holdings, Inc., Claimant (1:09-cv-04346-PGG): Therese Marie Doherty, LEAD ATTORNEY, Herrick, Feinstein LLP, New York, NY.

For KeyBank National Association, Claimant (1:09-cv-04346-PGG): Mark Hanchet, LEAD ATTORNEY, Mayer Brown LLP(DC), Washington, DC.

For Cellco Partnership d/b/a Verizon Wireless and Verizon Investments, Inc., Claimant (1:09-cv-04346-PGG): Joseph Serino, JR., LEAD ATTORNEY, Matthew Osborn Solum, Kirkland & Ellis LLP (NYC), New York, NY.

For ETrade Capital Markets, LLC, ETrade Financial Corporation, Converging Arrows, Inc., ETRADE Securities LLC, ETRADE Bank, J.M. Huber Corporation, Claimants (1:09-cv-04346-PGG): Caryn Gail Schechtman, LEAD ATTORNEY, DLA Piper US LLP (NY), New York, NY.

For Mount Vernon Securities Lending Trust, The Northern Trust Company, on behalf of the Core Select Securities Lending Cash Collateral Pool, Northern Trust Investments, N.A., as trustee on behalf of the NTGI Collective Short Term Investment Fund, TTX Company, Claimants (1:09-cv-04346-PGG): David Amir Kochman, LEAD ATTORNEY, Reed Smith (NYC), New York, NY; Sarah Rose Wolff, Reed Smith LLP (Chicago), Chicago, IL.

For Deutsche Bank Securities Inc., Claimant (1:09-cv-04346-PGG): Anthony L. Paccione, LEAD ATTORNEY, Kitson Kitson & Bisesto, LLP, White Plains, NY; Bruce Mathew Sabados, LEAD ATTORNEY, Katten Muchin Rosenman, LLP (NYC), New York, NY.

For Verisign, Inc., Claimant (1:09-cv-04346-PGG): Daniel Bruce Goldman, LEAD ATTORNEY, William Albert Novomisle, Paul, Hastings, Janofsky & Walker LLP (NYC), New York, NY.

For U.S. Bancorp, as direct assignee of First American Funds, Inc. on behalf of its series Prime Obligations Fund, ADR Provider, U.S. Bank, N.A., as registered holder, directly or through a nominee, on behalf of certain clients, ADR Providers (1:09-cv-04346-PGG): David Amir Kochman, LEAD ATTORNEY, Reed Smith (NYC), New York, NY; Sarah Rose Wolff, Reed Smith LLP (Chicago), Chicago, IL.

For Financial Guaranty Insurance Company, FGIC Corporation, Objectors (1:09-cv-04346-PGG): Henry Klehm, III, LEAD ATTORNEY, Bonnie L. Hemenway, Jones Day (NYC), New York, NY.

For Colorado Surplus Asset Fund Trust, Objector (1:09-cv-04346-PGG): James Michael Lyons, Kenneth Fisher Rossman, IV, PRO HAC VICE, Rothberger Johnson & Lyons LLP, Denver, Co.

For Ameriprise Financial Services, Inc. and Securities America, Inc., Interested Party (1:09-cv-04346-PGG): Harvey J. Wolkoff, LEAD ATTORNEY, Lara A. Oravec, Ropes & Gray LLP (MA), Boston, MA.

For Henry Ford Health System, Health Alliance Plan of Michigan, Alliance Health and Life Insurance Company, Henry Ford Health System Retirement Savings Plan, Interested Parties (1:09-cv-04346-PGG): Joshua R. Martin, Michael D. Trager, Richard L. Jacobson, PRO HAC VICE, Arnold & Porter, LLP (DC), Washington, DC; Stewart David Aaron, Arnold & Porter, LLP, New York, NY.

For Univision Communications Inc., Interested Party (1:09-cv-04346-PGG): Arun Srinivas Subramanian, Susman Godfrey LLP (NYC), New York, NY.

For Santa Albicocco, Ronald J. Artinian, Joseph D. Donnelly, Edwin Ehlert Jr., Frank J. Stalzer, William E. Viklund, William J. Montgoris, Stephen P. Zieniewicz, Trustees (1:09-cv-04346-PGG): Kimberlee Ann Malaska, Mark Holland, Mary Kathryn Dulka, Matthew Thomas Tulchin, Yvonne Maria Cristovici, Goodwin Procter, LLP(NYC), New York, NY.

For Reserve Yield Plus Fund Investor Group, Plaintiff (1:09-md-02011-PGG): Daniel Brett Rehns, LEAD ATTORNEY, Christopher Lometti, Cohen Milstein Sellers & Toll P.L.L.C., New York, NY; Peter E. Borkon, Reed R Katherine, LEAD ATTORNEYS, Hagens Berman Sobol Shapiro LLP (B'kly), Berkeley, CA; Jay Paul Saltzman, Pietro Michele deVolpi, Jr., Schoengold & Sporn, P.C., New York, NY.

Leon Frenkel, Lead Plaintiff (1:09-md-02011-PGG), Pro se.

For Leon Frenkel, Lead Plaintiff (1:09-md-02011-PGG): Gary Steven Graifman, LEAD ATTORNEY, Kantrowitz Goldhamer & Graifman, P.C., Chestnut Ridge, NY.

For Jay Pomeranz, Plaintiff (1:09-md-02011-PGG): James Abram Harrod, III, Lester L. Levy, Sr., LEAD ATTORNEYS, Wolf Popper LLP, New York, NY.

For Ralph F. Miller, Plaintiff (1:09-md-02011-PGG): Howard Theodore Longman, Jules Brody, LEAD ATTORNEYS, Stull Stull & Brody, New York, NY; Gary Steven Graifman, Kantrowitz Goldhamer & Graifman, P.C., Chestnut Ridge, NY.

For Leon Frenkel, Plaintiff (1:09-md-02011-PGG): Gary Steven Graifman, Kantrowitz Goldhamer & Graifman, P.C., Chestnut Ridge, NY.

For Third Avenue Institutional International Value Fund, L.P., Plaintiff (1:09-md-02011-PGG): Gerald Harlan Silk, John Christopher Browne, Steven B. Singer, LEAD ATTORNEYS, John James Rizio-Hamilton, Lauren Amy McMillen, Sean K. O'Dowd, Bernstein Litowitz Berger & Grossmann LLP, New York, NY.

For Sandra Lifschitz, Plaintiff (1:09-md-02011-PGG): H. Adam Prussin, Stanley Merrill Grossman, LEAD ATTORNEYS, Pomerantz Haudek Block Grossman & Gross LLP, New York, NY.

For George C. Dyer, Plaintiff (1:09-md-02011-PGG): Aaron Michael Sheanin, Daniel Charles Girard, LEAD ATTORNEYS, PRO HAC VICE, Girard Gibbs LLP, San Francisco, CA; Christina H. C. Sharp, Jonathan K. Levine, LEAD ATTORNEYS, Girard Gibbs LLP, San Francisco, CA; Christopher Matthew Van de Kieft, David R. Buchanan, Stephen A. Weiss, LEAD ATTORNEYS, Seeger Weiss LLP, Philadelphia, PA; Norman E. Siegel, LEAD ATTORNEY, PRO HAC VICE, Stueve Siegel Hanson LLP, Kansas City, MO.

For M.D.C. Holdings, Inc., Plaintiff (1:09-md-02011-PGG): Christopher J. Clark, LEAD ATTORNEY, ewey & LeBoeuf, L.L.P.(NYC), New York, NY.

For Michael Goodman, Plaintiff (1:09-md-02011-PGG): Darren J. Robbins, LEAD ATTORNEY, Coughlin Stoia Geller Rudman & Robbins LLP, San Diego, CA; David C. Walton, LEAD ATTORNEY, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, L.L.P., San Diego, CA; Samuel Howard Rudman, LEAD ATTORNEY, David Avi Rosenfeld, Coughlin Stoia Geller Rudman & Robbins, LLP (LI), Melville, NY.

For Daniel Shabel, Plaintiff (1:09-md-02011-PGG): Mark C. Rifkin, LEAD ATTORNEY, Wolf Haldenstein Adler Freeman & Herz LLP, New York, NY; Paulette Suzanne Fox, LEAD ATTORNEY, Wolf Haldenstein Adler Freeman & Herz, New York, NY.

For Univision Communications Inc., Plaintiff (1:09-md-02011-PGG): Floyd G. Short, LEAD ATTORNEY, PRO HAC VICE, Susman Godfrey LLP (Seattle), Seattle, WA; Arun Srinivas Subramanian, Susman Godfrey LLP (NYC), New York, NY.

For Clark Enterprises, Inc., Plaintiff (1:09-md-02011-PGG): Evan Glassman, Michelle Lynn Levin, LEAD ATTORNEYS, Steptoe & Johnson, LLP (NYC), New York, NY.

For The Clark Money Fund Limited Partnership, Plaintiff (1:09-md-02011-PGG): Evan Glassman, Michelle Lynn Levin, Michael Campion Miller, LEAD ATTORNEYS, Steptoe & Johnson, LLP (NYC), New York, NY.

For Richard I. Wolgin, Plaintiff (1:09-md-02011-PGG): Joseph R. Seidman, LEAD ATTORNEY, Bernstein Liebhard, LLP, New York, NY.

For Mark D. Pogozelki, Plaintiff (1:09-md-02011-PGG): Mark Samuel Reich, LEAD ATTORNEY, Joseph Frank Russello, Coughlin Stoia Geller Rudman & Robbins, LLP (LI), Melville, NY; Brian D. Long, Seth David Rigrodsky, Rigrodsky & Long, P.A., Wilmington, DE.

For Safeco Insurance Company of America, Plaintiff (1:09-md-02011-PGG): Michael Arthur Walsh, Nutter McClennen & Fish LLP, Boston, MA; Jean-Paul Jaillet, Choate, Hall & Stewart, LLP, Boston, MA.

For Deutsche Bank Securities Inc., Plaintiff (1:09-md-02011-PGG): Anthony L. Paccione, LEAD ATTORNEY, Kitson Kitson & Bisesto, LLP, White Plains, NY; Bruce Mathew Sabados, LEAD ATTORNEY, Katten Muchin Rosenman, LLP(NYC), New York, NY.

For PG&E Corporation, Plaintiff (1:09-md-02011-PGG): Laura Joy Edelstein, LEAD ATTORNEY, Brune & Richard LLP (SFran), San Francisco, CA; Susan E. Brune, LEAD ATTORNEY, Brune & Richard LLP, New York, NY.

For TD Ameritrade Holding Corporation, TD Ameritrade Online Holdings Corp., TD Ameritrade, Inc., TD Ameritrade Clearing, Inc., National Investor Services Corporation, TD Ameritrade Trust Company, Amerivest Investment Management, LLC, TD Ameritrade Services Company, Inc., TD Waterhouse Capital Markets, Inc., Plaintiffs (1:09-md-02011-PGG): David J. Berger, Wilson Sonsini Goodrich & Rosati (CA), Wilson Sonsini Goodrich & Rosati (CA).

For Mark Chipman, David Clouse, Thomas Johnston, David Krug, Wayne A. Lehman, E.H. Levering, Plaintiffs (1:09-md-02011-PGG): Pietro Michele deVolpi, Jr., LEAD ATTORNEY, Schoengold & Sporn, P.C., New York, NY.

For Mark D. Pogozelski, as Executor of the Estate of Richard P. Pogozelski, Consolidated Plaintiff (1:09-md-02011-PGG): Joseph Frank Russello, Mark Samuel Reich, LEAD ATTORNEYS, Coughlin Stoia Geller Rudman & Robbins, LLP (LI), Melville, NY; Seth David Rigrodsky, LEAD ATTORNEY, Brian D. Long, Rigrodsky & Long, P.A., Wilmington, DE.

For Mark D. Pogozelski, on behalf of themselves and all other similarly situated, Consolidated Plaintiff (1:09-md-02011-PGG): Joseph Frank Russello, LEAD ATTORNEY, Mark Samuel Reich, Coughlin Stoia Geller Rudman & Robbins, LLP (LI), Melville, NY; Seth David Rigrodsky, LEAD ATTORNEY, Brian D. Long, Rigrodsky & Long, P.A., Wilmington, DE.

For Stuart Kurtzer, Leah Degnan 1988 Trust, Consolidated Plaintiffs (1:09-md-02011-PGG): John Halebian, LEAD ATTORNEY, Lovell Stewart Halebian LLP, New York, NY; Joseph P. Garland, LEAD ATTORNEY, Lifshutz & Lifshutz, P.C, New York, NY; Kenneth A. Elan, Kenneth A. Elan, Esq, New York, NY.

For PA Profit Sharing Plan, Consolidated Plaintiff (1:09-md-02011-PGG): Kenneth A. Elan, LEAD ATTORNEY, Kenneth A. Elan, Esq, New York, NY; John Halebian, Lovell Stewart Halebian LLP, New York, NY.

For Reserve Management Company, Inc., Resrv Partners, Inc., Bruce R. Bent, Bruce R. Bent, II, Arthur T. Bent, III, Defendants (1:09-md-02011-PGG): John Dellaportas, LEAD ATTORNEY, Justin Joseph D'Elia, Duane Morris, LLP (NYC), New York, NY; Kevin F. Berry, LEAD ATTORNEY, PRO HAC VICE, Duane Morris LLP (PA), Philadelphia, PA; Matthew A Taylor, LEAD ATTORNEY, Duane Morris LLP (PA), Philadelphia, PA.

For William E. Viklund, Joseph D. Donnelly, Edwin Ehlert, Jr., Frank J. Stalzer, Santa Albicocco, Stephen P. Zieniewicz, Ronald J. Artinian, Defendants (1:09-md-02011-PGG): Mark Holland, LEAD ATTORNEY, Kimberlee Ann Malaska, Mary Kathryn Dulka, Goodwin Procter, LLP(NYC), New York, NY; Robert Gene Houck, LEAD ATTORNEY, George Arnold Schieren, Clifford Chance US, LLP (NYC), New York, NY.

For William J. Montgoris, Defendant (1:09-md-02011-PGG): Mark Holland, LEAD ATTORNEY, Mary Kathryn Dulka, Goodwin Procter, LLP(NYC), New York, NY; Robert Gene Houck, LEAD ATTORNEY, George Arnold Schieren, Clifford Chance US, LLP (NYC), New York, NY.

For Patrick J. Farrell, Reserve Management Corporation, Defendants (1:09-md-02011-PGG): John Dellaportas, LEAD ATTORNEY, Justin Joseph D'Elia, Duane Morris, LLP (NYC), New York, NY; Kevin F. Berry, LEAD ATTORNEY, PRO HAC VICE, Duane Morris LLP (PA), Philadelphia, PA; Matthew A Taylor, LEAD ATTORNEY, Duane Morris LLP (PA), Philadelphia,  PA.

For William J. Montgoris, Defendant (1:09-md-02011-PGG): Kimberlee Ann Malaska, Goodwin Procter, LLP(NYC), New York, NY.

For Frank Stalzer, J., Consolidated Defendant (1:09-md-02011-PGG): George Arnold Schieren, Robert Gene Houck, LEAD ATTORNEYS, Clifford Chance US, LLP (NYC), New York, NY; Mary Kathryn Dulka, LEAD ATTORNEY, Mark Holland, Goodwin Procter, LLP (NYC), New York, NY.

For James Passilla, Movant (1:09-md-02011-PGG): David Avi Rosenfeld, Coughlin Stoia Geller Rudman & Robbins, LLP (LI), Melville, NY.

Judges: Paul G. Gardephe, United States District Judge.

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