mortgage-fraud

GM asks judge to throw out ignition switch case over ‘fabricated’ key

General Motors Co on Monday asked a Texas judge to throw out a lawsuit over a fatal 2011 crash blamed on a faulty ignition switch, accusing plaintiffs and their lawyers of fabricating evidence about the vehicle’s key during the ongoing trial. According to a GM court filing, plaintiffs Zachary Stevens and his parents and their lawyers showed jurors in Harris…

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GM asks judge to throw out ignition switch case over ‘fabricated’ key

mortgage-fraud

U.S. appeals court declines to reconsider Bank of America ruling

A U.S. appeals court refused on Monday to reconsider its decision to overturn a $1.27 billion penalty against Bank of America Corp and a jury verdict finding it liable for mortgage fraud leading up to the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals in New York rejected a petition by Manhattan U.S. Attorney Preet Bharara's office to have a three-judge panel rehear the case and give the government at least an opportunity to seek a new trial. Bharara's office had argued…

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U.S. appeals court declines to reconsider Bank of America ruling