E-Trade Execs Settle Shareholder MBS Suit
Executives of E-Trade Financial have agreed to settle a class action brought by shareholders charging the firm with allegedly withholding information about its investments in mortgage-backed securities and authorizing a $200 million buyback of company stock that was artificially inflated.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast