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First Quarter 2009 Mortgage Litigation Report – Mortgage Merger Lawsuits First Quarter 2009 Mortgage Litigation Report

Mortgage Merger Lawsuits
First Quarter 2009 Mortgage Litigation Report

Lawsuits relating to mergers and acquisitions.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to Story
Wachovia Corporation, et al. Citigroup, Inc. U.S. District Court for the Southern District of New York $80,000,000,000 In lawsuit removed to federal court, Wachovia is accused of breaching an exclusivity agreement. Citigroup, Inc. v. Wachovia Corp. na Oct. 4, 2008 www.mortgagedaily.com/LawsuitsWells031309.asp
Citigroup, Inc. Wachovia Corp. U.S. District Court for the Southern District of New York na Wachovia sought declaratory relief and affirmation that its merger agreement with Wells is valid. Wachovia Corp. v. Citigroup, Inc. na Oct. 4, 2008 www.mortgagedaily.com/LawsuitsWells031309.asp
Citigroup, Inc. Wells Fargo U.S. District Court for the Southern District of New York na Citi moved to dismiss the complaint in which Wells sought declaratory and injunctive relief confirming its merger with Wachovia. Wells Fargo v. Citigroup, Inc. na Oct. 14, 2008 www.mortgagedaily.com/LawsuitsWells031309.asp

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