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By Heather Anderson |
July 27, 2012
80% of NCUA lawsuit claims waved forward after Kansas Federal District Court ruling.
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By Heather Anderson |
April 15, 2012
Lawyers for Wachovia Capital Markets filed documents in Kansas City Federal Court asking the court to dismiss NCUA’s securities fraud case against the firm now owned by Wells Fargo. Central to Wachovia’s argument is a question that has haunted the NCUA ever since the collapse of U.S. Central FCU: Why...
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By Heather Anderson |
April 9, 2012
Filings in suit over U.S. Central losses show bank says corporates knew the risks of investing in mortgage-backed securities.
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By David Morrison |
March 4, 2012
Defendants in the litigation flowing from the liquidation of the Western Federal Corporate Credit Union have served notice that they want to depose the NCUA in the case.
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By David Morrison |
February 29, 2012
Defendants in the litigation flowing from the liquidation of Western Federal Corporate Credit Union have served notice to depose the NCUA Board.
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By Claude R Marx |
December 4, 2011
Saying that it failed to disclose the risks to two now-defunct corporate credit unions, the NCUA is suing the company formerly known as Wachovia Securities.
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By Claude R. Marx |
November 29, 2011
Agency goes after firm now known as Wells Fargo Securities for mortgage-backed securities sales to U.S. Central, WesCorp.
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By Claude R. Marx |
November 14, 2011
Agency says $165.5 million will help lower future costs of corporate rescues.
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By Claude R. Marx |
November 6, 2011
The NCUA has failed to prove that J.P. Morgan Securities the firm made “material misrepresentations” to the corporate credit unions when selling them residential mortgage-backed securities, according the firm’s court filing. And with that J.P. Morgan asked a federal judge to dismiss the agency’s June lawsuit against it.
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By Claude R. Marx |
November 1, 2011
Investment house says it informed corporates of risk.
