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In Re IndyMac Mortgage-Backed Securities Litigation
Case Number:
1:09-cv-04583
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Armstrong Teasdale
- Berman Tabacco
- Bernstein Litowitz
- Cahill Gordon
- Cohen Milstein
- Cooley LLP
- Covington & Burling
- Dewey Pegno
- Gibson Dunn
- Hughes Hubbard
- Kohn Swift
- Levi & Korsinsky
- Milbank LLP
- Munger Tolles
- Rigrodsky Law
- Satterlee Stephens
- Scheper Kim
- Schnader Harrison
- Seiden Law
- Seiden Law Group LLP
- Wolf Haldenstein
- Zwerling Schachter
Companies
- Bank of America Corp.
- Citigroup Inc.
- Credit Suisse Group AG
- Deutsche Bank AG
- Fitch Ratings Ltd.
- HSBC Holdings PLC
- JPMorgan Chase & Co.
- Lehman Brothers Holdings Inc.
- Morgan Stanley
- Pacific Investment Management Co. LLC
- The Royal Bank of Scotland Group PLC
Sectors & Industries:
-
September 11, 2014
JPMorgan, Investors Propose $340M IndyMac MBS Settlement
The lead plaintiffs and underwriter banks in a class action accusing JPMorgan Chase & Co. and other financial institutions of misleading investors about the inherent risks of IndyMac Bank's mortgage-backed securities reached a proposed $340 million settlement, according to a filing in New York federal court Thursday.
-
July 24, 2013
UBS Faces IndyMac MBS Claims Again After 2nd Circ. Ruling
A federal judge overseeing a class action accusing units of UBS AG and other banks of not disclosing inherent risks in IndyMac Bank's mortgage-backed securities revived claims Tuesday over offerings in which investors didn't personally invest, following the Second Circuit's allowance of similar claims against Goldman Sachs & Co.
-
January 18, 2013
2nd Circ. Snubs IndyMac's Bid To Appeal Cert. In MBS Case
The Second Circuit on Thursday denied a petition by a number of banks, a unit of now-defunct IndyMac Bank and several IndyMac executives to appeal class certification in a suit accusing them of failing to disclose the risks of mortgage-backed securities issued by IndyMac.
-
August 20, 2012
Investors Get Class Cert. In Risky IndyMac MBS Suit
A New York federal judge on Friday certified a class of investors in a suit accusing a number of banks, a unit of now-defunct IndyMac Bank and several IndyMac executives of failing to disclose risks inherent in mortgage-backed securities issued by IndyMac, saying common issues were predominant over individual issues.
-
August 01, 2012
Former IndyMac Execs Reach $6M Settlement Over MBS Claims
The lead pension funds in a class action accusing a host of banks and several others of failing to disclose risks inherent in mortgage-backed securities issued by IndyMac Bank told a New York federal court Tuesday they had reached a tentative $6 million partial settlement with five former executives of the failed bank.