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LOCAL 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERS-EMPLOYERS CONSTRUCTION INDISTRY RETIREMENT TRUST v. MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC. et al
Case Number:
2:10-cv-00898
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Cohen Milstein
- Cohn Lifland
- Connell Foley
- Davidson & Grannum
- Faegre Drinker
- Hach Rose Schirripa
- Walsh Pizzi
Sectors & Industries:
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August 01, 2012
UBS Avoids Pension Fund Investment Suit For 2nd Time
A New Jersey federal judge on Tuesday dismissed for the second time a class action against UBS Securities LLC over a pension fund's losses stemming from a $5 million mortgage-backed securities purchase, saying the plaintiffs' claims were time-barred.
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September 29, 2011
UBS Dodges Suit Over $5M In Pension Fund Investments
A New Jersey federal judge on Thursday tossed a class action against UBS Securities LLC over losses a pension trust fund incurred from its $5 million purchase of mortgage-backed securities, finding the plaintiff failed to show it met the statute of limitations.