01/18/2013 11:17:39 AM EST
2nd Circ. Snubs IndyMac's Bid To Appeal Cert. In MBS Case
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Law360: Real Estate
The Second Circuit on Thursday denied a petition by a number of banks, a unit of now-defunct IndyMac Bank and several IndyMac executives to appeal class certification in a suit accusing them of failing to disclose the risks of mortgage-backed securities
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