New Jersey Carpenters Health Fund v. RALI Series 2006-QO1 Trust et al

  1. August 03, 2015

    $235M Citi, Goldman, UBS Settlement Approved In MBS Case

    A New York federal judge on Friday approved a $235 million settlement in a class action brought by a pension fund against Citigroup Global Markets Inc., Goldman Sachs & Co. and UBS Securities LLC, the underwriters of mortgage-backed securities issued with allegedly false prospectuses.

  2. July 31, 2015

    Cohen Milstein Lands $73M For MBS Settlement With Banks

    A New York federal judge signed off Friday on a $73.4 million fees and costs award to Cohen Milstein Sellers & Toll PLLC in a $235 million settlement ending a class action brought by a pension fund against three financial giants over Residential Capital LLC mortgage-backed securities.

  3. June 23, 2015

    Cohen Milstein Seeks $73M for MBS Settlement With Banks

    Cohen Milstein Sellers & Toll PLLC asked a New York federal judge to approve a combined $73.4 million in legal fees and expenses Monday along with its $235 million settlement ending a class action brought by a pension fund against three financial giants over Residential Capital LLC mortgage-backed securities.

  4. February 13, 2015

    Citigroup, Goldman, UBS Pay $235M To End MBS Class Action

    Citigroup Global Markets Inc., Goldman Sachs & Co. and UBS Securities LLC agreed Friday to pay $235 million to end a class action brought by a pension fund that bought mortgage-backed securities from the former Residential Capital LLC alleging the underwriters issued false prospectuses.

  5. April 28, 2011

    Underwriters, Residential Fail To Boot MBS Suit

    A New York federal judge on Thursday greenlighted part of a putative class action claiming that mortgage-backed securities sold by Residential Capital LLC and underwritten by Goldman Sachs Group Inc. contained lies in their offering statements.

  6. April 06, 2010

    Residential, Underwriters Still Face MBS Class Claims

    Narrowing a putative class action over $37 billion in Residential Capital LLC mortgage-backed securities offerings, a federal judge has limited the suit to four of the 59 offerings at issue and upheld core allegations that Residential and underwriters, including Goldman Sachs & Co. and RBS Securities Inc., misled investors about the risks of the investments.