SNR Denton Sued Over Filing Error In $7M Citigroup Deal

Law360, New York (September 26, 2012, 6:52 PM EDT) -- SNR Denton has been hit with a suit by a client over an omission in U.S. Securities and Exchange Commission filings and a delay in correcting the mistake that allegedly affected a $7.3 million securities sale to Citigroup Global Markets Inc.

Impac Secured Assets Corp., which had made the SEC filings in April 2007, claims it was heeding the firm's legal advice when it filed corrected documents six weeks after the omission was identified. The filings were for offerings of certificates related to the Impac Secured...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Impac Secured Assets Corp et al v. SNR Denton US LLP et al


Case Number

8:12-cv-01612

Court

California Central

Nature of Suit

Contract: Other

Judge

Mariana R. Pfaelzer

Date Filed

September 20, 2012

Law Firms

Companies

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.