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Teachers Insurance and Annuity Association of America v. Deutsche Bank AG et al
Case Number:
1:11-cv-06141
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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February 08, 2012
Deutsche Bank Dodges 2 Suits Alleging $1.3B MBS Fraud
A New York federal judge on Monday threw out a pair of related complaints alleging Deutsche Bank AG sold $1.3 billion in toxic residential mortgage-backed securities while betting the underlying loans would fail.
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November 23, 2011
Deutsche Bank Pushes To Kill MBS Fraud Suits
Deutsche Bank AG on Wednesday pressed a federal judge to toss lawsuits that claim it secretly bundled masses of junk loans into $1.3 billion in troubled residential mortgage-backed securities it sold, arguing the securities' two buyers should have been more diligent.