Ambac Bear Stearns Complaint

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Ambac Assurance Corp.

    https://ambac.com/legal_docs.asp
    Ambac Financial Group, Inc. and/or its subsidiaries (“Ambac”) may from time to time post documents related to selected legal proceedings in which they are a plaintiff. Ambac is not undertaking an obligation to post all documents for each proceeding or an obligation to revise or update them to reflect changes in events or expectations.

Ambac assurance corporation vs. emc and bear stearns complaint

    https://www.slideshare.net/umesh1989/ambac-assurance-corporation-vs-emc-and-bear-stearns-complaint
    Jan 30, 2013 · In November2008, Ambac commenced a breach-of-contract action against EMC in federal court in New York, with subject matter jur-isdiction based on the diversity of the parties. After securing discovery of Bear Stearns files, Ambac moved to amend itscomplaint to assert additional claims and join Bear, Stearns & Co. (now JP Morgan) as a defendant.

EXHIBIT 1 - ambac.com

    https://www.ambac.com/pdfs/FED_Ambac_v_EMC_Proposed_Amended_Complaint_filed_version.pdf
    backed securities. Bear, Stearns & Co. and EMC acted in concert – under the common control of their parent The Bear Stearns Companies, Inc. – to dupe Ambac and investors to participate in their securitizations. (Thus, the two affiliates are referred together …

Ambac Drops Bombshell Proposed Amended Complaint on JP ...

    http://www.subprimeshakeout.com/2011/01/ambac-drops-bombshell-proposed-amended-complaint-on-jp-morgan-emc-2.html
    Jan 25, 2011 · In a pleading filled with allegations that can only be described as shocking, Ambac has accused Bear Stearns and its former subsidiary EMC Mortgage (both now owned by JP Morgan) of a parade of horribles in its proposed amended complaint in its case over defective residential mortgages in the Southern District of New York.

Ambac assurance corporation vs. emc and bear stearns ...

    https://www.slideshare.net/umesh1989/ambac-assurance-corporation-vs-emc-and-bear-stearns-amended-complaint
    Jan 30, 2013 · Ambac assurance corporation vs. emc and bear stearns amended complaint ... Ambac assurance corporation vs. emc and bear stearns amended complaint ... Knowing that its fraudulent and breaching conduct was resulting and would resultin grave harm to Ambac, Bear Stearns then implemented a trading strategy to profit fromAmbac’s potential demise by ...

Ambac Assur. Corp. v EMC Mtge. LLC :: 2014 :: New York ...

    https://law.justia.com/cases/new-york/appellate-division-first-department/2014/12665-651013-12.html
    Ambac Assur. Corp. v EMC Mtge. LLC 2014 NY Slip Op 07064 Decided on October 16, 2014 Appellate Division, First Department Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431. ... In its complaint, Ambac alleged that Bear Stearns, EMC, and their affiliates perpetrated a massive fraud by representing to Ambac that ...

JPMorgan Refused Mortgage Repurchases It Also Sought ...

    https://www.bloomberg.com/news/articles/2011-01-25/jpmorgan-refused-mortgage-repurchases-it-also-sought-ambac-filing-claims
    Jan 25, 2011 · Ambac Assurance Corp., the debt guarantor partly seized last year by Wisconsin’s insurance commissioner, made the claim in a proposed amended complaint in …

A very messy Ambac lawsuit for JPMorgan FT Alphaville

    https://ftalphaville.ft.com/2011/01/25/468916/a-very-messy-ambac-lawsuit-for-jpmorgan/
    A very messy Ambac lawsuit for JPMorgan ... Back to the Ambac complaint: ... Knowing that its fraudulent and breaching conduct was resulting and would …

Ambac sues ex-Bear Stearns unit - Reuters

    https://www.reuters.com/article/us-ambac-emc-sb-idUSTRE4A49E020081105
    Nov 05, 2008 · Ambac charged that the “Bear Stearns securitization machine was a house of cards, supported not by real value and sound practices but by Bear Stearns appetite for …

Complaint: JP Morgan

    https://www.sec.gov/litigation/complaints/2012/comp-pr2012-233.pdf
    Bear Stearns Asset Backed Securities I, LLC is a Delaware limited liability company with headquarters in New York, New York. BSABS is and, at the times relevant to this Complaint, was a wholly owned subsidiary of Bear Parent, which is now a wholly owned subsidiary of JPM Chase. Prior to the time it came to be owned by JPM Chase, BSABS acted as

Everything You Need to Know About Wall Street, in One ...

    https://www.rollingstone.com/politics/politics-news/everything-you-need-to-know-about-wall-street-in-one-brief-tale-230568/
    Jan 13, 2012 · Everything You Need to Know About Wall Street, in One Brief Tale ... If you read the complaint in the Ambac suit, ... This is from the complaint: Bear …

Ambac Says JPMorgan Refused Mortgage Repurchases It Also ...

    https://www.bloomberg.com/news/articles/2011-01-25/jpmorgan-refused-mortgage-repurchases-it-also-sought-ambac-assurance-says
    Jan 25, 2011 · Ambac Says JPMorgan Refused Mortgage Repurchases It Also Sought ... made the claim in a proposed amended complaint in its lawsuit against Bear …

-x - Justia Law

    https://cases.justia.com/federal/district-courts/new-york/nysdce/1:2008cv09464/334858/121/0.pdf?ts=1428708548
    On the basis of newly discovered facts, Ambac sought leave to amend its Complaint to add as defendants, Bear Stearns, as well as ten high-ranking individual executives of Bear Stearns ("Individual Defendants") . Proposed First Amended Complaint ("Am. Compl."), attached as Ex. 1 to Declaration of Erik Haas in Support

Emails Show Bear Stearns Was Selling Its Investors "A Sack ...

    https://www.businessinsider.com/jpmorgan-bear-ambac-lawsuit-2011-1
    The lawsuit was filed by mortgage insurer Ambac Assurance against both Bear and JPMorgan back in '08. Accusations Against Bear Stearns. Depositions and emails in the complaint show Bear execs ...

Ambac Assur. Corp. v EMC Mtge. LLC (2014 NYSlipOp 07064)

    http://www.courts.state.ny.us/REPORTER/3dseries/2014/2014_07064.htm
    In August 2012, in an attempt to recover its losses, Ambac brought this action against defendants. In its complaint, Ambac alleged that Bear Stearns, EMC, and their affiliates perpetrated a massive fraud by representing to Ambac that the mortgage loans were originated under established underwriting guidelines and were of good quality.

AMBAC ASSURANCE CORPORATION v. EMC MORTGAGE LLC …

    https://caselaw.findlaw.com/ny-supreme-court-appellate-division/1680826.html
    Oct 16, 2014 · In August 2012, in an attempt to recover its losses, Ambac brought this action against defendants. In its complaint, Ambac alleged that Bear Stearns, EMC, and their affiliates perpetrated a massive fraud by representing to Ambac that the mortgage loans were originated under established underwriting guidelines and were of good quality.

UPDATE 1-Ambac sues ex-Bear Stearns unit - Reuters

    https://uk.reuters.com/article/ambac-emc/update-1-ambac-sues-ex-bear-stearns-unit-idUKN0529145520081105
    Nov 05, 2008 · UPDATE 1-Ambac sues ex-Bear Stearns unit. ... Ambac said in the complaint that the four separate transactions were sponsored by EMC in …

Did Bear Stearns Know Its Mortgage Securities Were a House ...

    https://www.aol.com/2011/01/28/bear-stearns-mortgage-backed-securities-lawsuit-fraud-wells-fargo/
    Jan 28, 2011 · The 162-page complaint goes into great detail about the particular lies Bear and then JPMorgan allegedly told, and how investors -- and Ambac, as the insurer -- have been hurt by them.Author: Abigail Field

Bad behavior at Bear Stearns - POLITICO

    https://www.politico.com/story/2011/01/bad-behavior-at-bear-stearns-048230
    An amended complaint in a long-running lawsuit between Ambac, Inc., a leading bond insurer, and Bear Stearns (now JP Morgan Chase) presents a long trail of evidence, mostly from internal emails ...

Suit Says Bear Stearns Double-Dipped With Mortgage Bonds ...

    https://www.nytimes.com/2011/02/10/business/10mortgage.html
    Feb 10, 2011 · In the suit, the Ambac Assurance Corporation, which insured some mortgage bonds created by Bear Stearns, contends that the bank was partly compensated by loan originators for mortgages that became ...



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