Dismissal of Securities Fraud Claims for Mortgage Company

A team of Securities Litigation lawyers from our Hartford office obtained a dismissal of all claims asserted against a mortgage and loan product company in the US District Court for the District of Connecticut in September 2012. The plaintiffs had previously alleged without success in state court that our client committed fraud, violated RICO and securities laws; that the mortgage contract was not a valid contractual agreement; and that the plaintiffs had the right to rescind the loan transaction.
Posted on September 24, 2012