There is a reason that when class action settlements are announced, they are described as preliminary and subject to final approval - sometimes the settlements fall apart before the case is finally put to rest. That appears be what has happened with the... Read More
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