Don't want ads? Subscribe or login now.

RBS Didn't Mislead Investors About RMBS Exposure: 2nd Circ.

By Stephanie Russell-Kraft · April 15, 2015, 5:40 PM EDT

The Second Circuit on Wednesday tossed a class action accusing the Royal Bank of Scotland PLC of lying about its exposure to residential mortgage-backed securities, finding that none of the bank's...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Opinion

Case Information

Case Title

Lighthouse Financial Group v. The Royal Bank of Scotland

Case Number

13-3289

Court

Appellate - 2nd Circuit

Nature of Suit

3850 STATUTES-Secur Comm Exchange

Date Filed

August 30, 2013

Recent Articles By Stephanie

August 19, 2015
Challenge To SEC In-House Case Paused Pending Appeal
August 13, 2015
SEC Settles With 3 Md. Men Over Real Estate Investment Fraud
July 31, 2015
Schwab Urges High Court To Quash Risky CMO Class Action
July 20, 2015
5 Years On And Dodd-Frank Act Still Faces Push-Back
July 09, 2015
City Staffer 'Point Person' For Airport Bond Fraud, SEC Says
June 15, 2015
2nd Circ. Jettisons BofA Investors' Mortgage Risk Suit
June 01, 2015
HSBC Can't Slip BlackRock's Suit Over RMBS Trusts
May 22, 2015
Del. Chancery Judge Tosses 'London Whale' Derivative Suit
March 31, 2015
Nationstar Ducks Suit Over $150M Loan Auction Deal
March 11, 2015
Ex-S&P Exec Cites High Court Ruling In SEC Admin Court Spat