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Federal Deposit Insurance Corporation v. Michael Perry
Case Number:
2:11-cv-05561
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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December 14, 2012
$12M Deal Frees Ex-IndyMac CEO From FDIC Mortgage Suit
Former IndyMac Bancorp Inc. CEO Michael Perry on Friday agreed to a $12 million settlement to resolve a $600 million suit by the Federal Deposit Insurance Corp. over his alleged role in the crisis leading to the collapse of the mortgage lender.
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February 23, 2012
Ex-IndyMac CEO Gets Chance To Appeal $600M FDIC Case
A federal judge on Tuesday ordered a stay in the FDIC's case against former IndyMac CEO Michael Perry so he can appeal the rejection of his motion to dismiss the FDIC's case over $600 million in bad loans at the defunct bank.
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December 14, 2011
IndyMac CEO Can't Dodge $600M FDIC Negligence Suit
A California federal judge on Tuesday refused to dismiss a $600 million Federal Deposit Insurance Corp. suit alleging that the former CEO of failed IndyMac Bank FSB negligently oversaw the production of more than $10 billion in risky residential loans.