October 30, 2017
Credit Suisse Securities USA LLC and a group of insurers that sued the broker-dealer over $69 million in residential mortgage-backed securities rendered nearly worthless in the financial crisis settled their dispute on undisclosed terms just hours before trial on Monday.
October 25, 2017
An insurance group looking to undo its $69 million purchase of residential mortgage-backed securities from Credit Suisse Securities USA LLC faced off against the broker in Wisconsin federal court Tuesday, with each side making its final case before trial kicks off.
December 19, 2016
A Wisconsin federal judge on Friday tossed part of a suit brought against Credit Suisse Securities (USA) LLC by a mutual insurance company that bought several of Credit Suisse's allegedly faulty residential mortgage-backed securities, worth $69 million total.