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Oklahoma Police Pension and Retirement System v. U.S. Bank National Association
Case Number:
1:11-cv-08066
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 18, 2014
US Bank To Pay $6M To Settle MBS Class Action
U.S. Bank agreed Wednesday to pay $6 million to a class of investors to settle allegations in New York federal court that it didn't cure clear defects in loans bundled into mortgage-backed securities that it trusteed.
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June 03, 2013
US Bank Gets Pension Fund's MBS Trustee Suit Pared Down
A New York federal judge on Monday dismissed key class action claims launched by an Oklahoma pension fund alleging U.S. Bank NA failed to properly protect investors in its role as trustee for a series of mortgage-backed securities.