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US Bank Beats $100M Suit Over Role As CDO Trustee

By Jon Hill (April 3, 2024, 5:48 PM EDT) -- A New York federal judge has freed U.S. Bank from a more than $100 million conflict-of-interest lawsuit brought by a group of mortgage-backed CDOs, which accused the bank of obstructing their efforts to sue over underlying mortgage bond losses tied to the 2008 financial crisis....

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