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BofA, U.S. Bancorp Can't Dodge Claims over Roles as MBS Trustees
Publication Date: 2013-05-07
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Suits trying to hold mortgage-backed securities trustees liable for MBS losses haven't been at the forefront of investor litigation spawned by the mortgage crisis. But a ruling Monday in a putative class action against Bank of America and U.S. Bancorp reaffirms that such claims spell big trouble for banks.

Bingham Loses Bid to Dismiss Bear Stearns MBS Case
Publication Date: 2012-04-02
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JPMorgan Chase's lawyers at Bingham McCutchen tried nearly every trick in the MBS defense playbook to knock out a class action over Bear Stearns's sale of $17.58 billion in mortgage-backed securities. But with a small exception, the plaintiffs' claims are still standing.

Wal-Mart Seeks to Reverse Class Certification in Dukes v. Wal-Mart
Publication Date: 2008-07-15
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August 01, 2013 | Corporate Counsel

The Natural

Build the in-house department at Aaron's Inc., and they will come; and other Moves.
13 minute read
June 08, 2012 | The Recorder

Retooled Wal-Mart Class Probably Won't Fly

3 minute read
April 04, 2011 | National Law Journal

Protests & Pileups

Last week's U.S. Supreme Court sessions were dominated by headline-making oral arguments and decisions.
8 minute read
May 26, 2009 | New York Law Journal

Newsbriefs

6 minute read
October 15, 2003 | Law.com

Antitrust Goes Global

On Sept. 11, the U.S. Court of Appeals for the D.C. Circuit denied a request to rehear Empagran v. F. Hoffman-LaRoche, effectively opening the courthouse doors to foreign victims of vitamin price fixing. Plaintiffs lawyers vigorously argue that the decision is the most efficient way to deter global cartels. But others say the decision amounts to judicial imperialism and a green light for a crass money grab.
10 minute read
May 21, 2013 | The Legal Intelligencer

Comcast Wins Dismissal of Proposed Class Action

Comcast's offer to remedy all of the plaintiffs' claims after a suit was filed in the Northern District of Illinois late last year rendered moot the same plaintiffs' proposed class action in the Eastern District of Pennsylvania, a federal judge has ruled.
4 minute read
August 29, 2001 | Law.com

Employment Bar at War Over EEOC Intervention in Workplace Complaints

Calling intervention by the Equal Employment Opportunity Commission into private suits an "end run around all the protections of the class action process," Fred Alvarez, a partner at Palo Alto, Calif.'s Wilson Sonsini Goodrich & Rosati, says it's not unusual these days for plaintiffs to seek EEOC intervention in order to circumvent tough class certification standards. Defense lawyers say keeping the EEOC out can be pivotal to a case.
9 minute read

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