Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
Federal Deposit Insurance Corporation v. Countrywide Securities Corporation et al
Case Number:
2:12-cv-06911
Court:
Nature of Suit:
Judge:
Firms
Companies
- Bank of America Corp.
- Barclays PLC
- Citigroup Inc.
- Credit Suisse Group AG
- Deutsche Bank AG
- The Royal Bank of Scotland Group PLC
Government Agencies
Sectors & Industries:
-
October 22, 2014
FDIC, Citi Settle 9th Circ. Appeal Over Colonial Bank Failure
Citigroup Global Markets Inc. has reached a settlement agreement with the FDIC in a Ninth Circuit appeal alleging a number of banks spurred on Colonial Bank's failure by selling it poor-quality mortgage-backed securities, and the bank insurer said Wednesday it expects Bank of America Corp. to exit the suit shortly as well.
-
April 09, 2013
BofA Beats MBS Claims In $741M Colonial Bank Saga
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.