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In Re: BEAR STEARNS MORTGAGE PASS-THROUGH CERTIFICATES LITIGATION
Case Number:
1:08-cv-08093
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bernstein Litowitz
- Bingham McCutchen
- Boies Schiller
- Cahill Gordon
- Cohen Milstein
- Cravath Swaine
- Greenberg Traurig
- Kohn Swift
- Kramer Levin
- Morgan Lewis
- Satterlee Stephens
- Sullivan & Cromwell
- Zwerling Schachter
Companies
Sectors & Industries:
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May 28, 2015
JPMorgan To Pay $500M In Landmark MBS Class Settlement
A New York federal judge signed off Wednesday on what is said to be the largest ever class action settlement revolving around the sale of mortgage backed securities, with JPMorgan Chase & Co. agreeing to plunk down $500 million to settle accusations arising from the sale of $17.58 billion in Bear Stearns Cos. securities.
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January 09, 2015
JPMorgan Settles Suit Over $17.6B In Bear Stearns MBS
JPMorgan Chase Inc. has reached a $500 million settlement with investors suing in New York federal court over $17.6 billion worth of Bear Stearns Cos. mortgage-backed securities that they say dropped precipitously in value.