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14 Jul 2010, 9:29 am
According to Goldman Sachs Group Inc. [read post]
7 May 2015, 11:00 pm
In Younes, et al. v. 7-Eleven, Inc., Civil Nos. 13-3500 (RMB/JS), 13-3715 (MAS/JS), 13-4578(RMB/JS) (D.N.J. [read post]
29 Jun 2015, 10:51 am
(“DBSI”) from asserting a due diligence defense with respect to nine of ten RMBS at issue, rejecting the argument that the due diligence performed was facially inadequate. [read post]
18 Oct 2018, 12:22 pm
Corp.[1] MBIA, an insurer of RMBS trusts and a common plaintiff in this type of litigation, had sued Credit Suisse, the sponsor of the trusts. [read post]
11 Oct 2018, 6:01 am
Last week, Lehman Brothers Holdings Inc. [read post]
23 Jun 2014, 10:45 am
On June 19, the Federal Housing Finance Agency (FHFA) and RBS Securities Inc. [read post]
14 Sep 2015, 12:39 pm
On September 8, 2015, the Southern District of New York granted summary judgment in favor of Goldman Sachs Group, Inc. in a class action lawsuit concerning the sale of two collateralized debt obligations. [read post]
16 Aug 2016, 7:52 am
After assuming control of Wescorp, the NCUA determined that offering documents for RMBS issued by Wachovia Mortgage Loan Trust, LLC (Wachovia) and Nomura Home Equity Loan, Inc. [read post]
21 Feb 2010, 4:12 am
Sys., Inc. v. [read post]
28 Jul 2014, 12:01 pm
On July 23, Judge William Conley of the Western District of Wisconsin granted in part and denied in part RBS Securities Inc. [read post]
24 Apr 2017, 3:36 am
On May 1, 2017, the Securities and Exchange Commission ("SEC") filed three Orders Instituting Administrative Proceedings (the "OIPs") against Respondents Barclays Capital, Inc. [read post]
15 Jul 2008, 10:04 am
., Moody’s Investor Services Inc. and Standard & Poor’s. [read post]
6 Jun 2014, 9:02 am
No. 11-717-RMB (D. [read post]
6 Jun 2014, 9:02 am
No. 11-717-RMB (D. [read post]
31 May 2016, 1:56 pm
(“Merrill”), Countrywide Home Loans, Inc. [read post]
17 Jun 2015, 4:40 pm
DB Structured Products, Inc. and held that New York’s six-year statute of limitations for breach of contract claims begins to run on the date that the RMBS defendant’s contractual representations and warranties were first made, not on the date of its refusal to comply with the parties’ agreed-upon remedy provision. [read post]
9 Dec 2013, 11:47 am
On November 21, Justice Shirley Werner Kornreich of the Supreme Court of the State of New York granted in part defendant DB Structured Products, Inc. [read post]
6 Jul 2011, 10:11 pm
• First NLC Financial Services • Wilmington Finance Inc. [read post]
23 Aug 2016, 6:29 am
On August 15, 2016, the Ninth Circuit Court of Appeals vacated the Central District of California’s order dismissing claims brought by the National Credit Union Administration Board (“NCUA”), as liquidating agent of Western Corporate Federal Credit Union (“Wescorp”), against Nomura Home Equity Loan, Inc. [read post]
14 Jan 2015, 1:37 pm
However, all the other requirements attendant in a 10(b) action still apply, the court pointed out, including materiality under Basic, Inc. v. [read post]
