Litigation

Recent Posts

Wamu Reaches Settlement With Jpmorgan, FDIC
Posted on 17 Mar 2010 by LexisNexis Litigation Resource Community Staff

WILMINGTON, Del. – (AP) Washington Mutual Inc. has tentatively resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company's Chapter 11 bankruptcy, a... Read More

FDIC Sues 3 Former Top Executives Of Failed WaMu
Posted on 18 Mar 2011 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - (AP) Federal bank regulators have sued three former top executives of Washington Mutual, the biggest U.S. bank ever to fail, accusing them of negligence in allowing risky mortgage lending. The Federal Deposit Insurance Corp. filed the... Read More

FDIC: 'Close' To Settlement In Lawsuit Against WaMu Execs
Posted on 22 Jun 2011 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - (AP) Federal bank regulators say they are close to settling their civil lawsuit against three former top executives of Washington Mutual accused of negligence in allowing risky mortgage lending at the biggest U.S. bank ever to fail... Read More