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By Claude R. Marx |
November 1, 2011
Investment house says it informed corporates of risk.
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By Claude R. Marx |
August 9, 2011
Agency adds to list of actions filed against investment banks in wake of corporate collapses.
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By Claude R. Marx |
July 24, 2011
The NCUA has sued RBS Securities for $685 million, alleging that that firm misled Western Corporate FCU (WesCorp) when it sold it mortgage-backed securities.
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By Claude R. Marx |
July 18, 2011
Second suit against RBS Securities seeks $685 million for mortgage-backed securities sold to WesCorp.
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By Robert McGarvey |
June 27, 2011
Reactions to the $800 million in lawsuits filed June 20 by NCUA against J.P. Morgan Securities and RBS Securities over what NCUA claims were fraudulently packaged mortgage- backed securities heated up as experts debated exactly what is going on and what the litigation means to credit unions.
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By Claude R. Marx |
June 27, 2011
See you in court.
After failing to reach an agreement with two of the largest investment bank to recover losses from mortgage-backed securities sold to corporate credit unions, the NCUA last week filed civil lawsuits against RBS Securities, a Royal Bank of Scotland unit, and J.P. Morgan Securities. The agency is...
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By Claude R. Marx |
June 23, 2011
Experienced litigators in such matters retained by agency, which declines to speculate on costs.
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By Robert McGarvey |
June 21, 2011
NCUA is "just another disgruntled investor" to JP Morgan Securities, attorneys say after investment house settles with SEC.
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By Claude R. Marx |
June 20, 2011
The NCUA on Monday filed suit to recover more than $800 million from JP Morgan Securities and RBS Securities for losses from what the agency alleges were faulty securities.
