Mealey's Litigation Report: Mortgage Lending
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It also covers subprime lending issues, including: securities class actions by investors against lenders and home builders alleging failure to disclose information that, once released, adversely affected value of company stock; ERISA class actions by 401(k) participants and beneficiaries against lenders and home builders alleging failure to disclose information and breach of fiduciary duties; class actions by home buyers against home builders and financial institutions alleging deceptive trade practices; government actions against lenders; lawsuits by investors against investment banks claiming lost money on bonds backed by subprime mortgages the investment bank sold; corporate restructurings and asset sales of businesses adversely affected; and directors and officers liability.
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