Investment Banks Keep Fighting FDIC After 2nd Circ. Defeat

By Jack Newsham · September 18, 2017, 3:06 PM EDT

Investment banks that sold or underwrote toxic mortgage-backed securities have again asked a New York federal court to reject the Federal Deposit Insurance Corp.'s suit to win damages on behalf of...

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Case Information

Case Title

Federal Deposit Insurance Corporation et al v. Bear Stearns Asset Backed Securities I L.L.C. et al

Case Number

1:12-cv-04000

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

May 18, 2012