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Misrepresentation › Residential Mortgage-Backed Securities › Securities Fraud

Orrick - Finance 20/20

New York Appellate Court Affirms Motion to Dismiss RMBS Complaint Against Morgan Stanley

Orrick - Finance 20/20 on

On January 12, 2016, the Appellate Division, First Department, of the New York State Supreme Court affirmed a trial court order granting Morgan Stanley’s motion to dismiss claims brought by Dexia SA’s subsidiary FSA Asset...more

Dorsey & Whitney LLP

SEC Charges Three RMBS Traders With Lying To Clients

Dorsey & Whitney LLP on

The SEC and the U.S. Attorney’s Office for the District of Connecticut charged three senior traders with fraud by misrepresenting pricing information to clients regarding securities traded in opaque markets. In those markets...more

Orrick - Finance 20/20

Judge Dismisses Federal Securities Claims from NCUA Action Against Morgan Stanley

Orrick - Finance 20/20 on

On January 22, Judge Denise Cote of the U.S. District Court for the Southern District of New York trimmed claims from a lawsuit brought by the National Credit Union Administration Board, as liquidating agent for various...more

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