Litigation

Recent Posts

Bank Of America To Set Aside $14 Billion To Settle RMBS Claims
Posted on 29 Jun 2011 by Timothy Raub

CHARLOTTE, N.C. - (Mealey's) Bank of America Corp. will pay $8.5 billion to settle claims regarding "nearly all of the legacy Countrywide-issued first-lien residential mortgage-backed securitization (RMBS) repurchase exposure, representing 530... Read More

Tags: mortgage , RMBS , Gibbs & Bruns LLP , BNY Mellon , Bank of New York Mellon , Litigation , residential mortgage-backed securitization , Bank of America , Countrywide , Securities

The Week in Securities Litigation: SEC Settles 2 Insider Trading Cases, Brings 3 Investment Fund Lawsuits
Posted on 7 Oct 2011 by Thomas O. Gorman

The SEC settled two insider trading cases this week while bringing three investment fund fraud suits, two of which involved recidivists who are alleged to have diverted investor funds from their current scheme to make payments in their prior criminal... Read More

Tags: sec enforcement , whistleblower suit , Bank of New York Mellon , Thomas Gorman , SEC Actions , securities litigation , SEC , Litigation , lawsuit , New York attorney general , Securities