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CMFG Life Insurance Company et al v. Credit Suisse Securities (USA) LLC
Case Number:
3:14-cv-00249
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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October 30, 2017
Credit Suisse, Insurers Settle Over $69M Spent On Dud RMBS
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.
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October 25, 2017
Insurers, Credit Suisse Brace For $69M RMBS Trial
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.
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December 19, 2016
Credit Suisse Gets Partial Win In $69M RMBS Suit
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.