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National Credit Union Administration Board v. Barclays Capital Inc. et al
Case Number:
2:12-cv-02631
Court:
Nature of Suit:
Judge:
Firms
Companies
Government Agencies
Sectors & Industries:
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October 19, 2015
Barclays, Wachovia Exit Credit Union MBS Row For $378M
Barclays PLC and Wachovia Capital Markets LLC agreed Monday to pay a combined $378 million to resolve the U.S. credit union administrator's claims that the banks made false statements when selling mortgage-backed securities that caused the failure of four credit unions.
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July 10, 2013
Bad Timing Dooms Barclays $550M RMBS Suit
A Kansas federal judge on Wednesday dismissed a lawsuit against Barclays Capital Inc. over National Credit Union Administration allegations that the bank misrepresented the quality of more than $555 million in residential mortgage-backed securities sold to two defunct credit unions, finding the case was filed too late.
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September 25, 2012
Credit Union Agency Sues Barclays Over $555M In Risky RMBS
The National Credit Union Administration Board on Tuesday hit Barclays Capital Inc. with a suit alleging it had misrepresented the quality of more than $555 million in residential mortgage-backed securities bought by two defunct credit unions.