You're viewing Docket Item 151 from the case Pennsylvania Public School Employees' Retirement System v. Bank of America Corporation et al. View the full docket and case details.

Download this document:




Case 1:11-cv-00733-WHP Document 151 Filed 07/25/12 Page 1 of 2

Jay B. Kasner
Christopher P. Malloy
Scott D. Musoff
SKADDEN, ARPS, SLATE,
MEAGHER & FLOM LLP
Four Times Square
New York, New York 10036
(212) 735-3000

Attorneys for Defendant
Bank of America Corporation

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - x
PENNSYLVANIA PUBLIC SCHOOL

EMPLOYEES' RETIREMENT SYSTEM,
:
individually and on behalf of all others similarly

situated,
:



:



:


BANK OF AMERICA CORPORATION, et al.,
:



:

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - x



Defendants.

Plaintiff,

v.



















11 Civ. 733 (WHP)

ECF Case

Electronically filed




NOTICE OF MOTION FOR RECONSIDERATION OR, IN THE
ALTERNATIVE, TO CERTIFY INTERLOCUTORY APPEAL

PURSUANT TO 28 U.S.C. § 1292(b)







PLEASE TAKE NOTICE that, upon this Court's Memorandum and Order dated

July 11, 2012 (the "July 11 Order"); the accompanying Memorandum of Law dated July 25,

2012; and upon all prior pleadings and proceedings herein, Defendant Bank of America

Corporation ("BAC") will move this Court, before the Honorable William H. Pauley at the

United States Courthouse, 500 Pearl Street, New York, New York, 10007, on a date and at a time

Case 1:11-cv-00733-WHP Document 151 Filed 07/25/12 Page 2 of 2

designated by the Court, (A) for an Order, pursuant to Local Civil Rule 6.3, granting BAC's

motion for reconsideration of the portion of the July 11 Order denying BAC's motion to dismiss;

and (B) alternatively, for an Order, pursuant to 28 U.S.C. § 1292(b), certifying for interlocutory

appeal this Court's July 11 Order with respect to whether the July 11 Order applied the

appropriate standard for pleading corporate scienter in light of the Supreme Court's decision in

Janus Capital Group, Inc. v. First Derivative Traders, 131 S.Ct. 2296 (2011) and the Second

Circuit's decision in Teamsters Local 445 Freight Div. Pension Fund v. Dynex Capital Inc., 531

F.3d 190 (2d Cir. 2008).

Dated: New York, New York



July 25, 2012















/s/ Jay B. Kasner
Jay B. Kasner ([email protected])
Christopher P. Malloy
([email protected])
Scott D. Musoff ([email protected])
SKADDEN, ARPS, SLATE,
MEAGHER & FLOM LLP
Four Times Square
New York, New York 10036
(212) 735-3000

Attorneys for Defendant
Bank of America Corporation

2