BofA Beats MBS Claims In $741M Colonial Bank Saga
By David McAfee ( April 9, 2013, 9:57 PM EDT) -- A California federal judge on Tuesday tossed the Federal Deposit Insurance Corp.'s claims against Countrywide Securities Corp. and successor Bank of America Corp. in one of five suits seeking $741 million in damages for allegedly duping now-defunct Colonial Bank into buying doomed mortgage-backed securities....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.