NCUA lawsuits

NCUA Bank Suits in Appellate Court Hands

By Heather Anderson | May 8, 2013

In a sweeping order that delays proceedings on eight pending NCUA lawsuits against Wall Street banks over mortgage backed securities sold to failed corporate credit unions, U.S. District Judge John W. Lungstrum said April 29 that he will wait for the result of a related appeals court ruling, citing concerns...
NCUA Sues Former Texans Credit Union CEO David Addison

By Marc Rapport | December 20, 2012

Suit alleges misconduct, bad investments led to credit union's $16 million in losses.
Kansas Judge Consolidates Two NCUA Securities Fraud Suits

By Heather Anderson | June 6, 2012

Suits against Wachovia Capital Markets for U.S. Central, WesCorp losses combined into one.
NCUA Lawsuits Not Figured Into Loss Projections

By David Morrison | August 30, 2011

Agency says corporate rescue fund can't count on recouping any losses in lawsuits against investment firms.

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