Prudential Settles $2B RMBS Row With BofA, Merrill

By Y. Peter Kang (April 22, 2015, 7:48 PM EDT) -- Prudential Insurance Co. has agreed to resolve two suits alleging Bank of America NA, Merrill Lynch & Co. Inc. and others knowingly sold it $2.1 billion worth of "garbage" residential mortgage-backed securities, according to documents filed Wednesday in New Jersey federal court....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!