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July 25, 2008
In re: CIT Group Inc. Securities Litigation
Case Number:
1:08-cv-06613
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
View recent docket activity
Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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March 13, 2012
CIT Execs Pay $75M To End Investor Row Over Subprime Risks
CIT Group Inc.'s former executives on Tuesday agreed to pay $75 million to settle investors' proposed class action accusing them of concealing risks in subprime loans the business lender issued and of making misleading statements downplaying those risks and inflating company stock.
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