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Zemprelli v. The Royal Bank of Scotland Group PLC et al
Case Number:
1:09-cv-00300
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Abraham Fruchter
- Cleary Gottlieb
- Cohen Milstein
- Faruqi & Faruqi
- Gardy & Notis
- Girard Sharp
- Kohn Swift
- Pomerantz LLP
- Robbins Geller
- Sadis & Goldberg
- WilmerHale
- Wolf Haldenstein
- Wolf Popper
Companies
- Bank of America Corp.
- Citigroup Inc.
- Morgan Stanley
- RBC Capital Markets
- The Royal Bank of Scotland Group PLC
Sectors & Industries:
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September 05, 2012
RBS Dodges Investors' Suit Over Subprime MBS
A New York federal judge on Tuesday tossed an investor class action alleging Britain's Royal Bank of Scotland PLC misled investors about its exposure to subprime mortgage-backed securities, finding that the bank's disclosures' were adequate given the pre-financial crisis reality.
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June 01, 2011
RBS, Underwriters Move To Nix Remaining MBS Claims
Royal Bank of Scotland Group PLC and 10 underwriter defendants, accused of fraud by preferred investors who bought $950 million in risky mortgage-backed securities, filed separate dismissal bids in New York federal court on Wednesday.
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February 18, 2011
Judge Lets MissPERS Back In $950M RBS Fraud Suit
A federal judge in New York has granted a Mississippi fund's request to remain a plaintiff in a $950 million securities fraud suit against Royal Bank of Scotland Group PLC because the lead plaintiff did not acquire certain preferred shares related to the fund's claims.
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January 26, 2011
MissPERS Seeks Return To $950M RBS Securities Suit
A Mississippi pension fund has asked a federal judge to reconsider her decision dismissing it from a $950 million securities fraud suit brought against the Royal Bank of Scotland Group PLC by a group of U.S. investors.
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January 13, 2011
Judge Guts Royal Bank Of Scotland Securities Action
A federal judge has dismissed most claims in a consolidated shareholder class action alleging that Royal Bank of Scotland Group PLC and several U.S. underwriters fraudulently hid exposure to risky mortgage-backed securities.