Securities
Lending
Mortgage Loan Trust
City of Ann Arbor Employees Retirement System v. Citigroup Mortgage Loan Trust Inc., et al.
Published: Oct. 13, 2012 | Result Date: Sep. 11, 2012 | Filing Date: Jan. 1, 1900 |Case number: 2:2008-cv-01418 Settlement – $24,975,000
Court
SD New York
Attorneys
Plaintiff
Arthur C. Leahy
(Robbins, Geller, Rudman & Dowd LLP)
Defendant
Facts
A purported class action was filed against Citigroup Mortgage Loan Trust Inc. in connection with the Citigroup Mortgage Loan trust 2007-AR5 Mortgage Pass-Through Certificates and Citigroup Mortgage Loan trust 2007-WFHE2 Asset-Backed Mortgage Pass-Through Certificates.
Result
Citigroup agreed to settle the matter for $24,975,000.
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