Citigroup, Goldman, UBS Pay $235M To End MBS Class Action

By Daniel Siegal (February 13, 2015, 7:35 PM EST) -- Citigroup Global Markets Inc., Goldman Sachs & Co. and UBS Securities LLC agreed Friday to pay $235 million to end a class action brought by a pension fund that bought mortgage-backed securities from the former Residential Capital LLC alleging the underwriters issued false prospectuses....

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