February 06, 2015
Three life insurers whose 2011 complaint accused a long list of financial service providers of selling them junk mortgage-backed securities have privately settled their claims against Goldman Sachs & Co., according to a letter filed in New York federal court on Friday.
April 22, 2014
Union Central Life Insurance Co. and UBS AG on Monday said they have reached a settlement to end a dispute over junked mortgage-backed securities the Swiss bank allegedly sold to the insurer and its affiliates.
December 17, 2012
A New York federal judge on Monday signed off on the dismissal of claims against two Washington Mutual Bank NA units in a wide-ranging suit brought by insurers accusing the companies and other financial institutions of lying about the quality of loans pooled in mortgage-backed securities they sold.
February 08, 2012
Wells Fargo Bank NA has settled a lawsuit that accused it and other banks of lying about the quality of loans pooled in mortgage-backed securities they sold, an attorney for plaintiff Union Central Life Insurance Co. said Wednesday.
September 28, 2011
Edward D. Jones & Co. LP was dismissed Tuesday from Union Central Life Insurance Co.'s lawsuit in New York accusing a slew of financial services companies of making false and misleading statements about loans included in devalued mortgage-backed securities.
September 21, 2011
A onetime Wells Fargo Asset Securities Corp. executive was dismissed Tuesday from Union Central Life Insurance Co.'s New York lawsuit accusing a slew of financial services companies of making false and misleading statements about loans included in devalued mortgage-backed securities.