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  • Blog: Global Capital Markets LitigationAppellate Decision on Loss Causation Is a Warning to RMBS Fraud PlaintiffsPosted on March 9, 2017 by Alexandra Droz
    Investment advisor TCW Asset Management Company (“TCW”) scored a major victory last week when an appellate court dismissed a $128 million RMBS fraud suit that was filed against it by two Australian-based Cayman Island hedge funds: Basis Pac-Rim Opportunity Fund (Master) and Basis Yield Alpha Fund (Master) (together, “Basis”).  Basis sued TCW for alleged fraud … Continue Reading
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