A judge for the US District Court for the Southern District of New York on Friday ordered the US Securities and Exchange Commission (SEC) and Citigroup to defend their recent settlement...
Search Results for: Sub-prime
Both sides in Libya conflict committed war crimes: AI report
Both the government of ousted Libyan leader Muammar Gaddafi and the newly formed National Transitional Council (NTC) have committed war crimes during the conflict in the country, Amnesty International (AI) reported...
Ukraine ex-PM Tymoshenko files complaint with Europe rights court
Ukrainian opposition leader and former prime minister Yulia Tymoshenko filed a complaint with the European Court of Human Rights (ECHR) on Tuesday, alleging violations of the European Convention of Human...
California, Countrywide settle predatory lending charges for $6.5 million
The Superior Court of California County of Los Angeles on Wednesday approved a $6.5 million settlement between the state of California and two former Countrywide Financial Corporation executives accused of predatory lending. The lawsuit alleged...
The New York Court of Appeals on Tuesday dismissed a lawsuit against bond insurance company MBIA alleging breach of contract brought by several of the world's largest financial institutions. The lawsuit challenged the break-up...
Attorneys general from all 50 states and the District of Columbia announced Wednesday that they have formed a bipartisan group called the Mortgage Foreclosure Multistate Group (MFMG), which will be investigating allegations of procedural defects committed...
A judge for the US District Court for the Southern District of New York on Monday ruled that a securities fraud class-action lawsuit against American International Group (AIG) can move forward. Judge Taylor Swain refused...
Federal judge rejects SEC-Citigroup subprime mortgage settlement
A federal judge on Monday rejected a $75 million settlement reached between Citigroup and the US Securities and Exchange Commission (SEC) last month to resolve charges of misleading investors about Citigroup's exposure to...
Citigroup, SEC settle sub-prime mortgage exposure charges for $75 million
The US Securities and Exchange Commission announced Thursday that it has charged Citigroup Inc. with misleading investors about the company's exposure to sub-prime mortgage-related assets and settled with the company for...
JURIST Guest Columnist Curtis Doebbler, professor of law at An-Najah National University in Nablus, Palestine, says that climate change will ravage the African continent if its leaders do not urgently assert their peoples' rights... Africa is the richest continent in...