EXHIBIT A
SUPREME COURT OF THE STATE OF NEW YORKCOUNTY OF NEW YORK
In the matter of the application of THE BANK OF NEW YORK MELLON (as Trustee under various Pooling andServicing Agreements and Indenture Trustee under various Indentures),Petitioner Counter-Defendant,-and-BlackRock Financial Management Inc. (intervenor), Kore Advisors, L.P.(intervenor), Maiden Lane, LLC (intervenor), Maiden Lane II, LLC (intervenor),Maiden Lane III, LLC (intervenor), Metropolitan Life Insurance Company(intervenor), Trust Company of the West and affiliated companies controlled byThe TCW Group, Inc. (intervenor), Neuberger Berman Europe Limited(intervenor), Pacific Investment Management Company LLC (intervenor),Goldman Sachs Asset Management, L.P. (intervenor), Teachers Insurance andAnnuity Association of America (intervenor), Invesco Advisers, Inc.(intervenor), Thrivent Financial for Lutherans (intervenor), Landesbank Baden-Wuerttemberg (intervenor), LBBW Asset Management (Ireland) plc, Dublin(intervenor), ING Bank fsb (intervenor), ING Capital LLC (intervenor), INGInvestment Management LLC (intervenor), New York Life InvestmentManagement LLC (intervenor), Nationwide Mutual Insurance Company and itsaffiliated companies (intervenor), AEGON USA Investment Management LLC,authorized signatory for Transamerica Life Insurance Company, AEGONFinancial Assurance Ireland Limited, Transamerica Life International (Bermuda)Ltd., Monumental Life Insurance Company, Transamerica Advisors LifeInsurance Company, AEGON Global Institutional Markets, plc, LIICA Re II,Inc., Pine Falls Re, Inc., Transamerica Financial Life Insurance Company,Stonebridge Life Insurance Company, and Western Reserve Life Assurance Co.of Ohio (intervenor), Federal Home Loan Bank of Atlanta (intervenor),Bayerische Landesbank (intervenor), Prudential Investment Management, Inc.(intervenor), and Western Asset Management Company (intervenor),Petitioners,-against-THE PEOPLE OF THE STATE OF NEW YORK by ERIC T.SCHNEIDERMAN, Attorney General of the State of New York,Intervenor Counter-Plaintiff,for an order pursuant to CPLR § 7701 seeking judicial instructions and approvalof a proposed settlement.
Index No.651786/2011Assigned to:Kapnick, J.
VERIFIEDPLEADING ININTERVENTION
For his pleading in intervention pursuant to CPLR 401, 1012, 1013, and 1014,proposed Intervenor Counter-Plaintiff the People of the State of New York by ERIC T.
2SCHNEIDERMAN, Attorney General of the State of New York, states and alleges uponinformation and belief as follows:
INTRODUCTION
1.
In this proceeding under CPLR Article 77, Bank of New York Mellon(“BNYM,” or “the Trustee”), the trustee for 530 New York trusts (“the Trusts”)comprising hundreds of billions of dollars in residential mortgage-backed securities,seeks the Court’s approval of a sweeping settlement of claims against the creators of those trusts (the “Proposed Settlement”), Countrywide Home Loans, Inc. andCountrywide Financial Corporation (collectively “Countrywide”) and the servicers of thetrusts, Bank of America (“BoA”) or affiliated entities.
1
2.
The claims at issue arise from a massive collapse in value of the mortgageloans held by the trusts. This collapse resulted from widespread misconduct both in theorigination of mortgage loans and in the creation and administration of the Trusts, allcausing grave harm to borrowers, investors and to the integrity of the securitiesmarketplace.3.
The New York State Attorney General intervenes pursuant to his statutoryand common-law authority to safeguard the welfare of New Yorkers and the integrity of the securities marketplace. Thus, while the other investors that have or may becomeparties to this proceeding stand only for their own interests, the Attorney General by lawis charged to protect the interests of all New York investors and the marketplace morebroadly.
1
On January 11, 2008, BoA agreed to acquire Countrywide Financial Corporation (the parentcompany of Countrywide Home Loans) in a reverse triangular merger. The transaction closed on July 1,2008, and on October 6, 2008, BoA announced that Countrywide would transfer all or substantially all of its assets to unnamed subsidiaries of BoA.
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