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Residential Mortgage-Backed Securities › Class Action › Citigroup

Residential Mortgage-Backed Securities are financial instruments consisting of residential mortgages pooled together to form larger more complex financial commodities.
Orrick - Finance 20/20

Citigroup, Goldman, and UBS to Pay $235 Million Settlement in MBS Class Action

Orrick - Finance 20/20 on

On February 13, 2015, the plaintiffs in New Jersey Carpenters Health Fund, et al., v. Residential Capital, LLC, et al., No. 08-cv-8781 (S.D.N.Y.) filed an unopposed motion for certification of the class and to approve a...more

Orrick - Finance 20/20

Citigroup Settles RMBS Class Action Lawsuit for Nearly $25 Million

Orrick - Finance 20/20 on

On August 27, lead plaintiffs City of Ann Arbor Employees’ Retirement System and Greater Kansas City Laborers Pension Fund submitted an unopposed motion seeking preliminary approval of a settlement of claims against certain...more

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