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THE PRUDENTIAL INSURANCE COMPANY OF AMERICA et al v. CREDIT SUISSE SECURITIES (USA) LLC et al
Case Number:
2:12-cv-07242
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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August 25, 2014
Credit Suisse, Prudential Settle $460M RMBS Suit
A New Jersey federal judge signed off Monday on a settlement between Prudential Insurance Co. of America and Credit Suisse AG in a $460 million suit in which the insurance company had accused the bank of selling junk residential mortgage-backed securities.
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October 01, 2013
Credit Suisse Can't Nix Prudential's $460M RMBS Suit
A New Jersey federal judge refused Monday to toss Prudential Insurance Co. of America's $460 million fraud and racketeering suit against Credit Suisse AG, saying Prudential's complaint contained sufficient detail to advance fraud claims under New Jersey law.
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January 29, 2013
Prudential's RMBS Suit Lacks Fraud Claim: Credit Suisse
Credit Suisse AG on Monday urged a New Jersey federal judge to deep-six Prudential Insurance Co. of America's suit claiming the banking giant fraudulently securitized thousands of defective home loans backing $466 million in mortgage-backed securities, saying the insurer hasn't alleged any fraud.
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November 30, 2012
Credit Suisse Knew Of Flaws In $466M RMBS, Prudential Says
Prudential Insurance Co. of America has hit Credit Suisse AG with a complaint in New Jersey federal court accusing the banking giant of fraudulently securitizing thousands of defective home loans backing $466 million in mortgage-backed securities in violation of their offering agreements.