Stakes Raised For RBS, Goldman In MBS Class Actions

Law360, Los Angeles (January 03, 2014, 5:09 PM ET) -- A New York federal judge has added a slew of securities offerings to two class actions — one against the Royal Bank of Scotland Group PLC and a second targeting underwriters including Goldman Sachs & Co. — over mortgage-backed securities, in a ruling that may vastly expand the defendants' liability.

On Dec. 27, U.S. District Judge Harold Baer Jr. added 10 securities offerings to two already certified in the so-called Harborview case, in which plaintiffs are targeting the Scottish financial giant. Meanwhile, 13 offerings were added to...
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Case Title

New Jersey Carpenters Health Fund v. RALI Series 2006-QO1 Trust et al


Case Number

2:08-cv-08781

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Harold Baer

Date Filed

October 14, 2008


Case Title

New Jersey Carpenters Vacation Fund et al v. HarborView Mortgage Loan Trust 2006-4 et al


Case Number

2:08-cv-05093

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Harold Baer

Date Filed

June 3, 2008

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