Mortgage-Backed Securities Litigation: Latest Developments

Pursuing and Defending Investors, Issuers, Underwriters and Other Stakeholders in MBS Claims

Recording of a 90-minute CLE webinar with Q&A


Conducted on Thursday, November 15, 2012
Recorded event now available


This CLE webinar will update counsel on recent trends involving residential and commercial mortgage-backed securities (MBS) suits and outline approaches to prepare for the complexities involved in representing the various stakeholders.

Description

The credit crisis and multi-billion dollar write-down of MBS have spawned lawsuits by investors against issuers and underwriters alleging securities fraud and common law breach of contract and misrepresentation. In addition to individual suits, investors have initiated class actions.

Recent federal and state court rulings have sharpened substantive and procedural issues, although many issues remain to be addressed. Settlement announcements have accelerated and may shape the course of ongoing litigation.

Listen as our panel of financial services attorneys analyzes and explains critical recent developments in MBS suits and rulings.

Outline

  1. Recent litigation trends
    1. Overview of credit crisis-related MBS litigation
    2. Typical participants in MBS litigation
  2. Theories of liability
    1. Securities fraud
    2. Breach of contract
    3. Representation and warranties
  3. Litigation challenges
    1. Discovery
    2. Settlement
    3. Federal v. state court jurisdiction
    4. Class action litigation

Benefits

The panel will review these and other key questions:

  • What are the bases for suits regarding MBS's?
  • What challenges do plaintiffs' counsel face in pursuing MBS claims?
  • What challenges do defendants’ counsel face in defending MBS claims?
  • How will recent and pending rulings in individual and class action suits impact MBS litigation?
  • What are the most recent developments in settlement of MBS suits?

Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.

Faculty

Isaac M. Gradman, Atty
Perry Johnson Anderson Miller & Moskowitz, Santa Rosa, Calif.

He is one of country’s leading experts in mortgage-backed securities litigation and other legal issues stemming from the mortgage crisis practices.  He also provides services to clients in litigation and business law.

James K. Goldfarb, Partner
Murphy & McGonigle, New York

Mr. Goldfarb's a securities litigator with more than a decade of experience defending issuers, financial institutions, and accounting firms in a variety of securities fraud and financial products litigation. He is well versed in the substantive and procedural aspects of claims under the 1933 and 1934 Acts, as well as under state blue sky and common law.

Ordering

On-Demand CLE - Streaming Audio

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On-Demand CLE Audio $69.00

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Recorded Event

Includes full event recording plus handouts.

Strafford is an approved provider and self-study CLE credit is available in the following states. (Note: Some states restrict CLE eligibility based on the age of a program. Refer to our state CLE Map for additional information.)

AK, AZ, CA, CO, FL, GA, HI, IA, ID, IL, KY, ME, MN, MO, MT, ND, NM, OR, PA, TN, TX, UT, VT, WA, WV, WY

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Program Materials

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Program Materials

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Many states grant CLE credits for on-demand streaming audio programs and recorded events. Our programs are pre-approved in many states. Refer to our state CLE map for state-specific information.

or call 1-800-926-7926

Customer Reviews

The topic covered was very timely, the program was well structured and I appreciated that the speakers addressed very recent issues.

Benjamin Brutlag

CSM

I liked the detailed statistics and case discussions provided by the speakers.

Kathryn C. Ellsworth

Grais & Ellsworth

This provided a great forum for getting up-to-date information on ongoing litigation that is moving quickly.

C. Bailey King, Jr.

Smith Moore Leatherwood

Strafford's webinars are user friendly.

Pam Oquinn

Hunton & Williams

This seminar provided a nice overview of the business environment.

Michael Petronio

Willkie Farr & Gallagher

or call 1-800-926-7926

Banking & Finance Law Advisory Board

Irving C. Apar

Partner

Thompson Hine

Mark N. Berman

Partner

Nixon Peabody

Willa Cohen Bruckner

Partner

Alston & Bird

Lawrence Kaplan

Of Counsel

Paul Hastings

Kevin Petrasic

Partner

Paul Hastings

Laura D. Richman

Counsel

Mayer Brown

Robert M. Stern

Partner

O’Melveny & Myers

Andrew Stutzman

Partner

Stradley Ronon Stevens & Young

or call 1-800-926-7926

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