DALLAS (CN) – The Lone Star Fund claims Barclays Bank defrauded it in orchestrating the sale of $60 million of mortgage pass-through certificates: securities backed by pools of residential mortgage loans. Among other things, Barclays allegedly lied about the collateral, stating that none of the loans were delinquent. See complaint in Dallas County Court.
- Missouri Court Fees Could Be Hiked
- Shareholder Class Action