VerdictStats

New York Attorney General

NY-AG v. Royal Bank of Scotland

Settled

Royal Bank of Scotland allegedly engaged in deceptive practices and misrepresentations to investors in connection with the packaging, marketing, sale, and issuance of residential mortgage-backed securities (RMBS) leading up to the financial crisis.

Summary generated from official New York Attorney General press release

Source: New York Attorney General Press Release ↗

Parties

Defendants / Respondents
  • Royal Bank of Scotland

Dates

Resolved
March 5, 2018

Case Details

Industry
Finance
Penalty Type
Restitution