September 05, 2012
Two former Washington Mutual Bank Inc. units agreed Tuesday to pay $26 million to settle class claims that they misled investors about the quality of their mortgage-backed securities.
April 16, 2012
Units of Washington Mutual Bank NA on Friday asked a Washington federal court to throw out the last remaining claim of an investor class action regarding failed mortgage-backed securities, saying the investors cannot support their misstatement allegations against the company.
July 01, 2011
Units of Washington Mutual Bank NA on Thursday said a class of investors suing in Washington state over alleged misstatements regarding failed mortgage-backed securities should have 110 of their 123 claims tossed because the plaintiffs did not actually purchase them.