Legal Opinion
Federal Housing Finance Agency v. Nomura Holding America, Inc.
District Court, S.D. New York
Decided May 11, 2015No. 11cv6201 (DLC)PublishedCited by 21 opinions
1Opinion of the Court
OPINION & ORDER
DENISE COTE, District Judge:
Table of Contents
PROCEDURAL HISTORY.453
BACKGROUND.458
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This case is complex' from almost any angle, but at its core there is a single, simple question. Did defendants accurately describe the home mortgages in the Offering Documents for the securities they sold that were backed by those mortgages? Following trial, the answer to that question is clear. The Offering Documents did not correctly describe the mortgage loans. The magnitude of falsity, conservatively measured, is enormous.
Given the…
2Cases cited71 opinions
- Daubert v. Merrell Dow Pharmaceuticals, Inc.Supreme Court of the United States · 1993
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Gustafson v. Alloyd Co.Supreme Court of the United States · 1995
- Morrison v. National Australia Bank Ltd.Supreme Court of the United States · 2010
66 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Federal Housing Finance Agency v. Nomura Holding America, Inc.Court of Appeals for the Second Circuit · 2017
- State of New York Ex Rel. Jacobson v. Wells Fargo National Bank, N.A.Court of Appeals for the Second Circuit · 2016
- Nomura Home Equity Loan, Inc., Series 2006-FM2 v. Nomura Credit & Capital, Inc.Appellate Division of the Supreme Court of the State of New York · 2015
- Balestra v. ATBCOIN LLCDistrict Court, S.D. Illinois · 2019
- Youngers v. Virtus Investment Partners Inc.District Court, S.D. New York · 2016
16 more not listed; retrieve them via the Exa API.