Investors Fight HSBC's Push To Reserve Atty-Advice Defense

By Cara Mannion · June 7, 2017, 3:05 PM EDT

Mortgage investors have urged a New York federal court to uphold a magistrate judge's recommendation that barred HSBC from asserting an advice-of-counsel defense in multiple cases over toxic mortgage-backed securities, saying...

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Case Information

Case Title

Royal Park Investments SA/NA v. HSBC Bank USA National Association

Case Number

1:14-cv-08175

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

October 10, 2014