MassMutual Brings Credit Suisse Into MBS Battle

Law360, New York (February 28, 2011, 1:32 PM EST) -- Massachusetts Mutual Life Insurance Co. on Friday stepped up its assault on issuers and originators of mortgage-backed securities, suing Credit Suisse Group AG for alleged misrepresentations that led the insurer to invest more than $70 million in the securities.

The suit, filed in the U.S. District Court for the District of Massachusetts, came just a day after MassMutual hit units of RBS Group PLC over a $235 million investment in residential mortgage-backed securities and slightly more than a week after the insurer sued Deutsche Bank AG...
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