Year: 2012

The President’s Residential Mortgage-Backed Securities Working Group, announced earlier this year in the State of the Union speech, brought its first case. The action is against Bear, Stearns & Co., Inc., which has been acquired by JPMorgan Chase. It was …

The First Case For the President’s Residential Mortgage-Backed Securities Working Group Read More »

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One of the Commission’s significant market crisis cases arose out of the collapse of IndyMac Bancorp, Inc. SEC v. Perry, Civil Action No. CV 11-01309 (C.D. Cal. Filed Feb. 11, 2011). The complaint named as defendants Michael Perry, former CEO …

SEC Settles With Former IndyMac CEO After Dropping Most Claims Read More »

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