National Credit Union Administration Board v. Morgan Stanley & Co. Incorporated et al
Case Number:
2:13-cv-02418
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Firms
Companies
Government Agencies
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December 10, 2015
Morgan Stanley To Pay $225M To End RMBS Suits
The National Credit Union Administration on Thursday said that Morgan Stanley & Co. Inc. has agreed to pay $225 million to settle New York and Kansas federal suits claiming the bank's toxic residential mortgage-backed securities helped ruin multiple credit unions.
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May 28, 2015
Credit Unions' RMBS Suits Against UBS, Credit Suisse Revived
A Kansas federal judge agreed Wednesday to take another look at previously dismissed claims against UBS Securities LLC and Credit Suisse Securities USA LLC in a suit alleging that the banks knowingly sold toxic mortgage-backed securities.
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April 14, 2015
Banks Say 10th Circ. Barclays Ruling Can't Help RMBS Suits
Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. Inc. and UBS Securities LLC told a Kansas federal judge Monday that the National Credit Union Administration couldn't use a Tenth Circuit decision to revive multimillion-dollar suits over soured residential mortgage-backed securities previously found to be time-barred.