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American International Group, Inc. et al v. Bank of America Corporation et al
Case Number:
2:11-cv-10549
Court:
Nature of Suit:
Judge:
Firms
Companies
- American Home Assurance Co.
- American International Group Inc.
- Bank of America Corp.
- First Franklin Corp.
- Lexington Insurance Co.
Sectors & Industries:
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May 07, 2013
BofA Can't Shake AIG's $10.5B Countrywide RMBS Suit
A California federal judge on Monday said American International Group Inc. can move forward with its $10.5 billion lawsuit accusing Bank of America Corp.'s Countrywide Financial Corp. of lying about the quality of residential mortgage-backed securities it sold to the insurer, tossing Bank of America's jurisdictional challenge.
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March 29, 2013
AIG Strengthens Hand In $10B BofA MBS Suit
American International Group Inc. strengthened its $10 billion mortgage-backed securities suit against Bank of America Corp. when a federal banking regulator backpedaled in testimony released Thursday on earlier statements that AIG had surrendered its litigation rights during its massive government bailout.
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January 29, 2013
Bailout Terms Kill AIG's $11B MBS Suit, BofA Says
Bank of America Corp. asked a California federal judge Tuesday to throw out American International Group Inc.'s $10.5 billion lawsuit accusing the bank of lying about the quality of mortgage-backed securities it sold the insurer, saying the terms of AIG's 2008 federal government bailout barred its securities law claims.
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August 09, 2012
BofA Calls AIG's $10.5B MBS Suit 'Cynical,' Implausible
Bank of America Corp. on Wednesday sought to dismantle American International Group Inc.'s remaining allegations of deception in multidistrict litigation involving $10.5 billion in alleged losses on mortgage-backed securities, saying the company's case rests on a shabby analysis that doesn't demonstrate wrongdoing.
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May 23, 2012
AIG Claims Pared In $10.5B Countrywide RMBS Suit
A California federal judge on Wednesday tossed American International Group Inc.'s federal claims in its $10.5 billion suit over deteriorated underwriting standards at Bank of America Corp. unit Countrywide Financial Corp., agreeing with BofA that those claims have come too late.
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May 14, 2012
BofA Urges Judge To Dismiss AIG's $10B RMBS Suit
Bank of America Corp. on Monday urged a California federal judge to dismiss American International Group Inc.'s $10.5 billion lawsuit accusing the bank's Countrywide Financial Corp. of ignoring residential mortgage-backed securities underwriting standards, arguing federal claims against Countrywide are time-barred.