About this document
Lehman Brothers Mortgage Securities Case by plaw15 is a document available to read on EtoBox.
This consolidated class action complaint alleges that registration statements and prospectus supplements for $93.24 billion in mortgage-backed securities contained material misstatements and omissions in violation of federal securities laws. The complaint asserts claims against the issuing trusts, individual signatories to the registration statements, and credit ratings agencies. The securities have substantially lost value as the underlying mortgage loans have high delinquency and default rates. Plaintiffs
- Author
- plaw15
- Language
- EN