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Subprime Mortgages › Disclosure Requirements › Royal Bank of Scotland

Orrick - Finance 20/20

Second Circuit to Issuers: You Need Not Disclose Every Single Asset in Your Registration Statements

Orrick - Finance 20/20 on

On September 25, the Second Circuit upheld dismissal of claims against defendant Royal Bank of Scotland (RBS) for alleged failure to disclose enough information about its exposure to subprime mortgages. In so doing, the Court...more

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