The National Credit Union Administration (NCUA) settled with RBS Securities on Tuesday, resolving their fight over RBS’s sale of mortgage-backed securities, which allegedly caused the failure of two credit unions. RBS is the credit arm of Royal Bank of Scotland and the deal brought an end to the suit brought by the NCUA in 2013 which accused RBS of misrepresenting the quality of its mortgage-backed securities sold to the credit unions. If you invested money with RBS Securities, you may be able to bring a claim against them by calling our securities law firm based in Chicago, Illinois at 312-332-4200 and speaking to one of our attorneys. The call is free with no obligation. We take cases on a contingency fee basis only.
Disclaimer
The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.
