Securities
May 24, 2012
SEC's case against IndyMac officials dwindles
As one of the only government actions against mortgage bank officials headed for trial, the case of two former IndyMac Bancorp executives has been closely tracked by legal observers. There now will be less to watch.
Daily Journal Staff Writer
LOS ANGELES - As one of the only government actions against mortgage bank officials headed for trial, the case of two former IndyMac Bancorp executives has been closely tracked by legal observers. There now will be less to watch.
A federal judge's decision to dismiss some of the claims against two former executives of the now-defunct mortgage lender significantly narrows the scope of the litigation. ...
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