{ Spot Image }

Firm continues wins for RMBS investors, including settlement in $1B suit

August 2016

MoloLamken continues to have success in RMBS litigation.  ML has scored major wins on behalf of RMBS investors in New York and other jurisdictions.  Read below for details of ML's recent RMBS successes.

August 2016 - Following argument in the U.S. Court of Appeals for the Second Circuit, ML achieved a settlement in a mortgage-backed securities case that had been dismissed in the district court as time barred and failing to state a claim.  Our team was hired to handle the matter on appeal and enabled investors to recover on claims that had been dismissed.  Read more here

August 2016 - The First Department of the New York Supreme Court Appellate Division issued a key ruling favoring RMBS investors represented by the firm.  The decision allows a plaintiff to bring an independent claim for failure to notify other parties to a securitization of breaches of representations and warranties.  It also holds that gross negligence can be a bar to the invocation of a limitation of liability clause. Read the opinion here.

December 2015 - MoloLamken wins summary judgment motion in the Circuit Court of Cook County, Illinois.  Read the opinion here.

October 2015 - MoloLamken victory permits RMBS case to proceed in New York Supreme Court.  Read the transcript of the oral argument and opinion here.

April 2015 - MoloLamken defeats motion to dismiss in New York Supreme Court.  Read the opinion here.

September 2014 - MoloLamken victory permits RMBS case to proceed in New York Supreme Court. Read the opinion here.

March 2014 - MoloLamken defeats motion to dismiss in the U.S. District Court for the District of Connecticut.  Read the court's opinion, quoting our argument, here.

November 2013 - MoloLamken wins on motion to dismiss in the Circuit Court of Cook County, Illinois. Read the opinion here.

News Cover of ML RMBS cases:

Appeals Court Revives RMBS Claims Against Morgan Stanley

GE Unit Loses Bid to Sink Megabucks Mortgage Suits

Judge Won't Limit Trustee Claims Against GE Mortgage Unit

Morgan Stanley Unit Hit with $110M Suit Over RMBS

Firm noted for representing MBS investors