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Assured Guaranty Municipal Corp., v. RBS Securities Inc., et al
Case Number:
1:13-cv-02019
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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August 15, 2014
RBS Settles Insurer's NY Fraud Suit Over $291M In MBS
RBS Securities Inc. has struck a deal to end Assured Guaranty Municipal Corp.'s claims that it misrepresented the value of residential mortgage-backed securities worth $291 million to score financial guaranty insurance, according to a Thursday filing in New York federal court.
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June 05, 2013
RBS Seeks To Nix Insurer's Fraud Suit Over $291M In MBS
RBS Securities Inc. on Monday contested Assured Guaranty Municipal Corp.'s claims that it misrepresented the value of residential mortgage-backed securities worth $291 million to score insurance, arguing that the fraud suit in New York federal court focused on misrepresentations by third parties.