Litigation

Recent Posts

Morgan Stanley To Settle Mortgage-Backed Securities Claims For $1.25B
Posted on 6 Feb 2014 by Timothy Raub

NEW YORK — (Mealey’s) Morgan Stanley will pay $1.25 billion to settle claims that it, certain of its subsidiaries and others misrepresented the investment quality in more than $10.58 billion in certificates in connection with 33 securitizations... Read More

U.S. Government Hits Bank Of America With $1 Billion Lawsuit Over Lending Program
Posted on 24 Oct 2012 by Timothy Raub

NEW YORK - (Mealey's) The U.S. government on Oct. 24 filed a $1 billion lawsuit against Bank of America Corp., as successor for Countrywide Financial Corp., alleging that Countrywide violated provisions of the False Claims Act by engaging in a scheme... Read More

Kevin LaCroix: Catching Up On Rulings In Key Subprime-Related Securities Lawsuits
Posted on 13 Apr 2011 by Kevin M. LaCroix

Over the last few days, there have been a series of rulings in high-profile lawsuits arising out of the subprime meltdown and credit crisis. As discussed below, just in the past week there were dismissal motion rulings in cases involving Freddie Mac,... Read More

Johnson & Freedman Promotes January N. Taylor to Partner
Posted on 7 Mar 2011 by LexisNexis Litigation Resource Community Staff

ATLANTA - Atlanta-based Johnson & Freedman LLC, a member of the Fannie Mae Retained Attorney Network and Freddie Mac Designated Counsel Program, has announced that January N. Taylor has been promoted to partner. Johnson & Freedman is a business... Read More

California AG Sues Feds Over Renewable Energy Loans
Posted on 15 Jul 2010 by LexisNexis Litigation Resource Community Staff

SACRAMENTO, Calif. - (AP) State Attorney General Jerry Brown sued the federal government Wednesday, asking a judge to stop government-sponsored mortgage buyers from blocking a program that lets homeowners pay for energy-efficient improvements through... Read More