CDO

• SEC Enforcement Action Penalties: $1.5 Billion and Counting

  By Michelle A. Samaad  |  April 9, 2013

  Agency posts list of actions against securities firms since financial crisis began.

• Space Coast Ordered to Mediation in CDO Case

  By Michelle A. Samaad  |  April 9, 2012

  In a $100 million lawsuit from Space Coast Credit Union against several Wall Street banks and credit rating agencies, a federal judge has ordered the parties to get together at a nonbinding mediation session.

• Space Coast, Wall Street Banks Ordered to Attend Mediation

  By Michelle A. Samaad  |  March 30, 2012

  More than a week after Space Coast Credit Union announced its mortgage securities lawsuit against several Wall Street banks, a judge ordered mediation.

• Space Coast Files $100 Million CDO Suit Against Banks

  By Michelle A. Samaad  |  March 12, 2012

  Florida CU names Wells Fargo, J.P. Morgan, Merrill Lynch and others for creating phony demand for residential mortgage loans.

• Space Coast CU Sues Barclays and State Street Over CDOs

  By Claude R. Marx  |  April 27, 2011

  Space Coast CU is suing Barclays and State Street Securities over investment losses that led to its takeover of Eastern Financial CU.