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Federal Housing Finance Agency v. SG Americas, Inc. et al
Case Number:
1:11-cv-06203
Court:
Nature of Suit:
Judge:
Firms
- Holwell Shuster
- Kasowitz Benson
- Kobre & Kim
- McKool Smith
- Simpson Thacher
- Skadden Arps
- Sullivan & Cromwell
Companies
Government Agencies
Sectors & Industries:
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February 27, 2014
Societe Generale To Pay $122M To Settle Toxic MBS Suit
Subsidiaries of French banking giant Societe Generale will pay $122 million to settle claims that they sold toxic mortgage-backed securities to Fannie Mae and Freddie Mac, the Federal Housing Finance Agency said Thursday.
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November 28, 2012
Societe Generale, Others Can't Escape $1.3B FHFA MBS Suit
A New York federal judge on Tuesday denied a bid by Societe Generale SA unit and two other financial giants to toss a Federal Housing Finance Agency suit over nearly $1.3 billion in allegedly toxic mortgage-backed securities, ruling the agency had backed its misrepresentation claims.