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PRUDENTIAL INVESTMENT PORTFOLIOS 2 et al v. BANK OF AMERICA et al
Case Number:
2:14-cv-04242
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 22, 2015
Prudential Settles $2B RMBS Row With BofA, Merrill
Prudential Insurance Co. has agreed to resolve two suits alleging Bank of America NA, Merrill Lynch & Co. Inc. and others knowingly sold it $2.1 billion worth of "garbage" residential mortgage-backed securities, according to documents filed Wednesday in New Jersey federal court.
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July 07, 2014
Prudential Sues BofA, Merrill Over $119M In 'Garbage' MBS
Prudential Investment Portfolios 2 accused Bank of America NA, Merrill Lynch & Co. Inc. and others of knowingly selling $119 million worth of "garbage" mortgage-backed securities in a suit removed to New Jersey federal court on Monday.