2nd Circ. Sets New Issue Preclusion Standard In RMBS Suits

By Brian Steele (April 26, 2023, 5:08 PM EDT) -- In a unanimous published opinion, a panel of Second Circuit judges on Wednesday affirmed the dismissal of three lawsuits accusing major banks of mismanaging residential mortgage-backed securities, finding that, among other factors, the issue of whether the plaintiffs had prudential standing has already been fully adjudicated in the defendants' favor....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.

A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

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!