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The ruling narrows the case against former IndyMac Bancorp Chief Executive Michael W. Perry, who is battling fraud allegations connected to the thrift's failure in 2008. In a setback for federal regulators, a federal judge threw out many of the fraud allegations against former IndyMac Bancorp Chief Executive Michael W. Perry in a case stemming from the collapse of the onetime Pasadena mortgage ...
(Reuters) - A federal judge on Monday dismissed parts of a securities fraud case against two top executives of failed mortgage lender IndyMac Bancorp, according to a lawyer for one of the executives. U.S. District Judge Manuel Real in Los Angeles dismissed claims based on five of seven securities filings at issue in the case, a lawyer for former IndyMac chief executive Michael Perry said. The ...
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission was dealt a setback in its cases tied to the financial collapse when a federal judge dismissed large parts of its case against former executives at failed mortgage lender IndyMac Bancorp. In a verbal order entered on Monday and released as a transcript on Tuesday, U.S. District Judge Manuel Real gave an extensive explanation for ...
WASHINGTON - The US Securities and Exchange Commission was dealt a setback in its cases tied to the financial collapse when a federal judge dismissed large parts of its case against former executives at failed mortgage lender IndyMac Bancorp.
U.S. authorities said three former IndyMac executives allegedly failed to inform the public the California lender was in trouble before it collapsed in 2008.
Well lookie what we have here... More fraud, more deception, more lies. The case below goes a little something like this: Foreclosure filed by INDYMAC bank filed in Jan 2009 ONEWEST takes over INDYMAC in March 2009 Summary judgment granted to plaintiff in Sept 2009 based on filing of "original" ENDORSED note with endorsement placed below signature line on last page of the "original" note ...