Probate Matter - Name Redacted
Apr 12, 2016OUTCOME:
Successfully represented an executor in probating a multi-million dollar estate.
Carlsbad, CA
Estate planning Lawyer at Carlsbad, CA
Practice Areas: Estate Planning, Probate ... +2 more
OUTCOME:
Successfully represented an executor in probating a multi-million dollar estate.
OUTCOME: TBD
OUTCOME: Plaintiffs obtained $315m settlement
This case alleged violation of the Securities Act arising from Merrill Lynch's sale of mortgage pass-through certificates using false and misleading offering documents. Specifically, the offering docum ... ents failed to disclose, inter alia, that loan originators had systematically ignored their stated underwriting and appraisal standards.
OUTCOME: Plantiffs recovered $26.6m
Class action arising from Goldman Sachs' sale of mortgage pass-through certificates pursuant to offering documents that contained untrue statements and omissions regarding the underwriting standards us ... ed to originate the loans underlying the loan pools at issue. As a result of the misstatements, purchasers of the Certificates were exposed to greater risk than represented with respect to the timing and absolute cash flow to be received from the Certificates. The pools underlying the Certificates have sustained massive downgrades and all Certificates have been downgraded to junk bonds.