|
Defendant
|
Plaintiff
|
Court
|
Amount
|
Overview
|
Case Title
|
Case Number
|
Date Filed |
Date of Activity |
Link to Story |
| Larry A Goldstone; Clarence G. Simmons III; Jane E. Starrett |
Securities and Exchange Commission |
U.S. District Court for the District of New Mexico |
na |
Complaint filed. |
Securities and Exchange Commission, Plaintiff, v. Larry A Goldstone, Clarence G. Simmons, III, and Jane E. Starrett, Defendants |
12-257 |
3/13/2012 |
3/13/2012 |
www.mortgagedaily.com/LawsuitThornburg031312.asp |
| HSBC Bank, USA |
Jean C. Rosenfield |
U.S. Court of Appeals for the Tenth Circuit |
na |
Amicus brief filed by CFPB maintains that prior Supreme Court decision doesn’t mandate that litigation needs to be filed within 3 years, just that the notice of rescission be made within that period. |
na |
na |
12/21/2009 |
3/26/2012 |
www.mortgagedaily.com/LawsuitTilCfpb032712.asp |
| Kareem Serageldin, David Higgs, Faisal Siddiqii and Salmaan Siddiqui |
Securities and Exchange Commission |
U.S. District Court for the Southern District of New York |
2650000000 |
Defendants Higgs and Salmaan Siddiqui pleaded guilty. |
SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. KAREEM SERAGELDIN, DAVID HIGGS, FAISAL SIDDIQll and SALMAAN SIDDIQUI, Defendants |
12 CIV 0796 |
2/1/2012 |
2/1/2012 |
www.mortgagedaily.com/LitigationCriminal030612.asp
www.mortgagedaily.com/LitigationMbs022012.asp |
| FEDERAL HOUSING FINANCE AGENCY, FEDERAL NATIONAL MORTGAGE ASSOCIATION, FEDERAL HOME LOAN MORTGAGE COMPANY |
Oakland County, et al |
U.S. District Court for the Eastern District of Michigan |
na |
Plaintiffs claimed that Fannie and Freddie are private corporations and not federal entities, and their federal statutory exemptions from certain taxes do not include the transfer taxes. A summary judgment in favor of the plaintiffs was granted. |
OAKLAND COUNTY, ET AL., Plaintiffs, v. FEDERAL HOUSING FINANCE AGENCY AS CONSERVATOR FOR FEDERAL NATIONAL MORTGAGE ASSOCIATION AND FEDERAL HOME LOAN MORTGAGE COMPANY; FEDERAL NATIONAL MORTGAGE ASSOCIATION; AND FEDERAL HOME LOAN MORTGAGE COMPANY, Defendants |
11-12666 |
6/20/2011 |
3/23/2012 |
www.mortgagedaily.com/LawsuitFhfaMichigan032612.asp |
| Stanley C. Brooks |
Securities and Exchange Commission |
na |
$10,000,000 |
Defendant ordered to pay a penalty and interest for allegedly selling risky MBS to clients who sought conservative investments. |
na |
na |
na |
3/2/2012 |
www.mortgagedaily.com/LitigationMbs043012.asp |
| Wells Fargo & Co. |
Securities and Exchange Commission |
U.S. District Court for the Northern District of California |
$60,000,000 |
Court asked to compel defendant to produce documents. |
na |
na |
na |
3/23/2012 |
www.mortgagedaily.com/MctLawsuitSecVsWells032612.asp |
| BankAtlantic Bankcorp and Alan Levan |
Securities and Exchange Commission |
U.S. District Court for the Southern District of Florida |
na |
Defendants filed a motion to dismiss for failure to state a claim on several grounds. |
Securities and Exchange Commission v. BankAtlantic Bankcorp and Alan Levan |
0:2012-cv-60082 |
1/18/2012 |
Mar. 2012 |
www.mortgagedaily.com/LitigationInvestor032712.asp |
| Daniel H. Mudd, Enrico Dallavecchia and Thomas A. Lund |
SEC |
U.S. District Court for the Southern District of New York |
na |
Routine motions asking the court for permission to allow attorneys not licensed in that jurisdiction to participate in the case. |
U.S. Securities and Exchange Commission v. Daniel H. Mudd, Enrico Dallavecchia and Thomas A. Lund |
1:2011-cv-09202 |
12/18/2011 |
Mar. 2012 |
www.mortgagedaily.com/LitigationInvestor032712.asp |
| Demetris Giannoulias |
Federal Deposit Insurance Corp. |
na |
$104,000,000 |
Complaint tied to failure of Broadway Bank filed. |
na |
na |
na |
Mar. 2012 |
www.mortgagedaily.com/MctLawsuitFdicBroadway030812.asp |
| Richard F. Syron, Patricia L. Cook and Donald Bisenius |
SEC |
U.S. District Court for the Southern District of New York |
na |
Routine motions asking the court for permission to allow attorneys not licensed in that jurisdiction to participate in the case. |
U.S. Securities and Exchange Commission v. Richard F. Syron, Patricia L. Cook and Donald Bisenius |
1:2011-cv-09201 |
12/18/2011 |
Mar. 2012 |
www.mortgagedaily.com/LitigationInvestor032712.asp |
| Federal Housing Finance Agency |
Judicial Watch Inc. |
U.S. District Court for the District of Columbia |
na |
Complaint filed alleging that defendant denied its Freedom of Information Act request for documents from the regulator’s lawsuit against 17 financial institutions. |
Judicial Watch Inc., 425 Third Street, SW, Suite 800, Washington, D.C., 2004, Plaintiff, v. Federal Housing Finance Agency, 1700 G Street, N.W., Washington, D.C., 20552, Defendant |
1:12-cv-00346 |
3/5/2012 |
3/5/2012 |
www.mortgagedaily.com/LitigationMbs043012.asp |
