Former IndyMac Execs Reach $6M Settlement Over MBS Claims
By Daniel Wilson ( August 1, 2012, 7:46 PM EDT) -- The lead pension funds in a class action accusing a host of banks and several others of failing to disclose risks inherent in mortgage-backed securities issued by IndyMac Bank told a New York federal court Tuesday they had reached a tentative $6 million partial settlement with five former executives of the failed bank....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.