LOCAL 302 AND 612 OF THE INTERNATIONAL UNION OF OPERATING ENGINEERS-EMPLOYERS CONSTRUCTION INDISTRY RETIREMENT TRUST v. MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC. et al

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Case Number:

2:10-cv-00898

Court:

New Jersey

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Claire C. Cecchi

Firms

Sectors & Industries:

  1. 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.

  2. 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.