Litigation

Recent Posts

$208.5 Million Washington Mutual Securities Lawsuit Settlement Consists Of 3 Separate Agreements
Posted on 7 Jul 2011 by Kevin M. LaCroix

The parties to the consolidated class action litigation arising out of the collapse of Washington Mutual - the largest bank failure in U.S. history -- have agreed to settle the suit for a combined $208.5 million. The settlement, which has a number of... Read More

Washington Mutual Settles Class Action Lawsuit For $208.5 Million
Posted on 5 Jul 2011 by LexisNexis Litigation Resource Community Staff

LOS ANGELES - (AP) Washington Mutual Inc. and its fellow defendants have agreed to pay $208.5 million to settle a class-action lawsuit stemming from the lender's collapse in 2008, the biggest U.S. bank failure in history. The defendants and lead plaintiff... Read More