Sher v. Barclays Capital Inc.

  1. August 20, 2014

    Barclays Capital And Thornburg Trustee Settle For $23M

    Barclays Capital Inc. has agreed to pay $23 million to resolve a suit brought by the trustee for defunct Thornburg Mortgage Inc. over a $2.7 billion mortgage-backed securities liquidation that allegedly undervalued Thornburg's assets and contributed to its collapse, according to court documents filed on Wednesday in Maryland bankruptcy court.

  2. August 01, 2014

    Barclays Can't Duck $94M Thornburg Trustee Suit

    A Maryland federal judge on Friday refused to free Barclays Capital Inc. from a $94 million suit brought by the trustee for defunct Thornburg Mortgage Inc. over a $2.7 billion mortgage-backed securities liquidation that allegedly undervalued Thornburg's assets and contributed to the real estate trust's crisis-era collapse.

  3. September 12, 2011

    Thornburg's $94M Barclays Suit Gets Green Light

    A Maryland federal judge ruled Wednesday that the trustee for bankrupt Thornburg Mortgage Inc. can continue with a $94 million suit against Barclays Capital Inc. for allegedly making unfair margin calls that undervalued mortgage-backed securities and selling assets that helped drive the mortgage lender into bankruptcy.