August 27, 2015
The Chapter 11 trustee for Thornburg Mortgage Inc. won summary judgment Thursday in a suit against RBC Capital Markets LLC when a Maryland federal judge ruled that RBC underpaid Thornburg by $26.3 million when it seized and sold Thornburg-owned mortgage-backed securities, and now owes that amount plus $18.9 million in interest.
March 29, 2012
A Maryland federal judge said March 23 that the Chapter 11 trustee for Thornburg Mortgage Inc. can proceed with a $35 million suit alleging RBC Capital Markets LLC underpaid when it seized and sold Thornburg-owned mortgage-backed securities.