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Credit Union Regulator Sues UBS for Alleged Misrepresentations of Mortgage-Backed Securities
Publication Date: 2012-09-07
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The National Credit Union Administration has sued a UBS unit for allegedly making misrepresentations in the sale of more than $1 billion in mortgage-backed securities to two credit unions that failed. The suit, filed on Thursday in Kansas federal district court, is the latest by the NCUA against financial institutions that sold mortgage-backed securities to now-defunct corporate credit unions.

September 12, 2012 | Daily Business Review

Lawsuit alleges UBS made misrepresentations in sales of securities

The National Credit Union Administration is suing a UBS unit for mortgage-backed securities sales to two credit unions that later failed.
2 minute read
Carr v. Tillery
Publication Date: 2010-01-19
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Court: 7th Cir.
Judge: Posner, Circuit Judge.
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Case number: Nos. 09-1124 & 09-1168

ARGUED DECEMBER 4, 2009Before POSNER, RIPPLE, and WOOD, Circuit Judges.Rex Carr, a successful class action lawyer in southern Illinois, is locked in mortal combat with his former law partners, t

December 01, 2012 | Corporate Counsel

Deals & Suits, December 2012

15 minute read
November 05, 2012 | The American Lawyer

Big Suits

Apple wins the largest patent victory ever against Samsung—that is, if the award stands.
14 minute read
November 22, 2010 | New Jersey Law Journal

Ineligible In-House Counsel, Multijurisdictional Practitioners and Pro Hac Vice Attorneys

Notice to the bar.
148 minute read
September 18, 2000 | Law.com

Sweepstakes Class Action Settles for $33M, and $8M in Legal Fees

Plaintiffs in a class action suit against American Family Publishers sweepstakes came up winners last week, winning a $33 million settlement plus $8 million in legal fees. The complaint alleged deceptive sweepstakes mailings induced recipients to order magazines and merchandise by creating the false impression that the purchases were necessary to win, or improved the odds of winning.
6 minute read

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