Score One for Plaintiffs in Multibillion-Dollar RMBS Litigation: Judge Rakoff Grants Class Certification in Suit Against Merrill Lynch

In what may be a first-of-its-kind ruling, a federal judge has granted class certification in a residential mortgage-backed securities case against Merrill Lynch, green-lighting claims by investors holding $16.5 billion in face value of Merrill-issued securities.

By |2011-09-26T12:58:05+00:00September 26th, 2011|Uncategorized|Comments Off on Score One for Plaintiffs in Multibillion-Dollar RMBS Litigation: Judge Rakoff Grants Class Certification in Suit Against Merrill Lynch