A $100 million settlement of aiding and abetting claims brought by a bankruptcy trustee of a failed sub-prime lender against several Wall Street investment banks that had extended warehouse financing and had served as underwriters for the failed lender’s securitization of sub-prime mortgages. The case – filed in 2006 – was one of the first to come to trial in state court arising out of the melt-down of the sub-prime mortgage industry;
$20 million settlement of claims brought by a bankruptcy trustee against the former counsel of the debtor;
A $16.5 million settlement of claims brought by a bankruptcy trustee against former officers and directors of the debtor;
$24 million judgment in a lender liability action against a large national bank;
A $17.5 million settlement of claims brought by a bankruptcy trustee against the former auditor of the debtor; and,
$15 million settlement in a dispute involving a failed joint venture.
