Settlement Doesn’t End All Legal Claims Against Lenders
The $25 billion settlement between government officials and major lenders may resolve some civil claims, but the banks are still exposed to lawsuits by investors wanting the institutions to buy back defective loans in securitizations, and the settlement does not bar state and federal officials from pursuing criminal actions against the institutions.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: