Opinion
MDL NO. 1674
02-29-2012
In re: COMMUNITY BANK OF NORTHERN VIRGINIA MORTGAGE LENDING PRACTICES LITIGATION
FILED IN MASTER FILE-CASE NO. 03-0425
Per 9/20/11 Order applicable to:
CASE NO. 03-0425 CASE NO. 02-1201 CASE NO. 05-0688 CASE NO. 05-1386
HON. GARY L. LANCASTER FILED ELECTRONICALLY
ORDER
UPON CONSIDERATION of the Motion To Dismiss Plaintiffs' Joint Consolidated Amended Class Action Complaint And To Dismiss Or Strike The Plaintiffs' Class Action Claims And Certain Prayers For Relief as to FDIC-Receiver of IUBT (the "FDIC-IUBT's Motion to Dismiss") filed herein by Federal Deposit Insurance Corporation, in its capacity as Receiver for Irwin Union Bank and Trust Company, the parlies' briefing with respect thereto and argument of counsel, it is this 29 day of February, 2012, IT IS HEREBY ORDERED that:
1. FDIC-TUBT's Motion to Dismiss BE AND HEREBY IS GRANTED for the reasons stated in the memoranda filed by the FDIC-Receiver for IUBT in support thereof; and
2. All claims asserted by the Named Plaintiffs; for themselves and on behalf of a putative class against FDIC-Receiver for IUBT BE AND HEREBY ARE DISMISSED, without leave to amend and without prejudice.
_______________
JudgeGary L. Lancaster