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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

Roger A. Cooper

Lawrence Friedman


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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