Dowd LLP

Space Coast Stands by Position in $100 Million CDO Suit

By Michelle A. Samaad | May 18, 2012

The risks tied to collateralized debt obligations remains the focal point of Space Coast Credit Union’s lawsuit against Wall Street banks and credit raters.
Space Coast Goes After Wall St.

By Michelle A. Samaad | March 19, 2012

The $3 billion Space Coast Credit Union recently filed suit against Merrill Lynch, Wachovia Capital, Barclays Capital, Lehman Brothers’ former CEO Richard Fuld and major U.S. credit rating agencies, Standard & Poor’s and Moody’s, alleging that the defendants caused more than $100 million in losses to Eastern Financial Florida...
Space Coast CEO: Mortgage Securities Suit Not an Easy Battle

By Michelle Samaad | March 12, 2012

Doug Samuels, president/CEO of Space Coast Credit Union, knows its mortgage securities suit against several Wall Street giants may be an arduous undertaking.

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