RMBS Seller's Bankruptcy Axes Class Suit Against Citibank

By Dunstan Prial · March 22, 2018, 6:57 PM EDT

A New York federal judge on Tuesday dismissed a proposed class action alleging Citibank NA failed to properly oversee investments in certain residential mortgage-backed securities, saying the bankruptcy of the companies...

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Case Information

Case Title

FIXED INCOME SHARES: SERIES M et al v. Citibank N.A. et al

Case Number

1:14-cv-09373

Court

New York Southern

Nature of Suit

Stockholders Suits

Date Filed

November 24, 2014