RBS Settles Insurer's NY Fraud Suit Over $291M In MBS

By Bibeka Shrestha · August 15, 2014, 2:15 PM EDT

RBS Securities Inc. has struck a deal to end Assured Guaranty Municipal Corp.'s claims that it misrepresented the value of residential mortgage-backed securities worth $291 million to score financial guaranty insurance,...

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Documents

Order of Discontinuance

Case Information

Case Title

Assured Guaranty Municipal Corp., v. RBS Securities Inc., et al

Case Number

Court

New York Southern

Nature of Suit

Fraud or Truth-In-Lending

Date Filed

March 26, 2013

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