Ambac Wins OK For $33M Payout In Securities Actions

By Christie Smythe · July 19, 2011, 5:48 PM EDT

Ambac Financial Group Inc. on Tuesday won approval from a New York bankruptcy judge to settle for $33 million two securities class actions and derivative suits accusing the bond insurer of...

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Case Information

Case Title

Ambac Financial Group, Inc.

Case Number

1:10-bk-15973

Court

New York Southern

Nature of Suit

Date Filed

November 08, 2010