TITLE

Doral appointed lead plaintiff in class-action suit

AUTHOR(S)
Márquez, Carlos; Carmona, José L.
PUB. DATE
April 2010
SOURCE
Caribbean Business;4/8/2010, Vol. 38 Issue 13, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of U.S. District Judge Marsha J. Pechman to grant the appointment of Doral Bank as lead plaintiff and the selection of its counsel in a class-action lawsuit against Washington Mutual (WaMu) Asset Acceptance Corp. in the U.S. It mentions that Pechman approved the selection of Cohen Milstein Sellers and Toll as Doral Bank's lead counsel. Doral alleges WaMu that it violated the securities Act and the Washington State law on its mortgage pass-through certificates.
ACCESSION #
49791863

 

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