Harrington

Harrington v. Federal Deposit Insurance Corporation

Good Law
United States District Court, Northern District of CaliforniaDecember 21, 20234:23-cv-06296California1,836 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 MICHAEL J HARRINGTON, et al., Case No. 23-cv-06296-HSG

Plaintiffs, ORDER DENYING PLAINTIFFS’

APPLICATION FOR A TEMPORARY

v. RESTRAINING ORDER

FEDERAL DEPOSIT INSURANCE Re: Dkt. No.

CORPORATION,

11 Defendant. 12 Pending before the Court is Plaintiffs’ application for a temporary restraining order. Dkt. No. 3. The Court finds this matter appropriate for disposition without oral argument and the matter is deemed submitted. See Civil L.R. 7-1(b). For the reasons detailed below, the Court DENIES the application. I. BACKGROUND On December 5, 2023, Plaintiffs – a group of former employees of First Republic Bank (“FRB”) who represent that they constitute a majority of the participants in FRB’s Deferred Compensation Plan – filed a complaint against the Federal Deposit Insurance Corporation (“FDIC” or “Defendant”). See generally Dkt. No. 1 (“Compl.”). In their complaint, Plaintiffs allege that the FDIC, in its capacity as…

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