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All future case filings will be made in the designated lead case ONLY, 11-2340.
Case Number:
2:11-cv-02649
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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October 19, 2015
Barclays, Wachovia Exit Credit Union MBS Row For $378M
Barclays PLC and Wachovia Capital Markets LLC agreed Monday to pay a combined $378 million to resolve the U.S. credit union administrator's claims that the banks made false statements when selling mortgage-backed securities that caused the failure of four credit unions.
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November 29, 2011
Wachovia Sued Over MBS Sales To Failed Credit Unions
The National Credit Union Administration sued Wachovia Capital Markets LLC in Kansas federal court on Monday to hold it responsible for alleged untrue statements and omissions in its underwriting or sale of about $200 million in residential mortgage-backed securities.