Judge OKs $3.1M Impac MBS Settlement With Citibank
Senior U.S. District Judge Mariana R. Pfaelzer greenlighted the settlement, which calls for Impac to pay Citigroup with a combination of stock and cash to resolve all claims arising out of the purchase of certificates in a mortgage-backed securities trust on March 12, 2010.
Citigroup alleged Impac knew at the...
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