Credit Unions' $629M Suit Over MBS Teeters On Loss

By Zach Winnick · January 30, 2012, 7:32 PM EST

A California federal judge told U.S. credit regulators Monday that he plans to dismiss their $629 million lawsuit accusing RBS Securities Inc. and others of misleading investors over the riskiness of...

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Case Information

Case Title

National Credit Union Administration Board v. RBS Securities Inc. et al

Case Number

2:11-cv-05887

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

July 18, 2011