Litigation

Recent Posts

The Week In Securities Litigation: DOJ Files Significant Market Crisis Case Against Rating Agency
Posted on 9 Feb 2013 by Thomas O. Gorman

The Department of Justice filed one of the most significant market crisis cases this week against a major rating agency as a defendant. The case centers on years of false statements about ratings given to RMBS and CDOs, according to the complaint, as... Read More

Tags: sec enforcement , RMBS , Recover , Thomas Gorman , SEC Actions , CDOs , U.S. v. McGraw-Hill Companies , Department of Justice , FIRREA , S&P , securities litigation , SEC , Litigation , market crisis , PCAOB , and Enforcement Act of 1989 , DOJ , Financial Institutions Reform , Securities

New Preemption Exceptions May Broaden State Consumer Protection Law Enforcement
Posted on 16 Nov 2010 by LexisNexis Litigation Resource Community Staff

By Oluwaseun O. Ajayi and Kendra C. Kinnaird Stepped-up enforcement of state consumer protection laws in the field of home mortgage lending is inevitable for all types of lenders, including those with federal charters. Federal banks and thrifts, long... Read More

Tags: preemption , Dodd-Frank , home mortgage lending , FIRREA , state consumer protection laws , institutions , McCurry v. Chevy Chase Bank , Home Owner's Loan Act , United States Supreme Court , HOLA , thrifts , banks , New York v. First American Corp. , Litigation , Recovery and Enforcement Act of 1989 , lawsuit , McCulloch v. Maryland , Oluwaseun Ajayi , Kendra Kinnaird , Financial Institutions Reform , BuckleySandler LLP