Orrick is a global law firm focused on serving the technology & innovation, energy & infrastructure and finance sectors. Founded over 150 years ago, Orrick has offices in 25+ markets worldwide. Financial Times selected Orrick as the Most Innovative Law Firm in North America for three years in a row.
On March 29, Barclays Capital Inc. and Massachusetts Mutual Life Insurance Co. jointly moved pursuant to a confidential settlement agreement for dismissal of an action brought by MassMutual.
On March 29, Barclays Capital Inc. and Massachusetts Mutual Life
Insurance Co. jointly moved pursuant to a confidential settlement
agreement for dismissal of an action brought by MassMutual.
MassMutual brought claims under the Massachusetts Uniform
Securities Act concerning $175 million in RMBS. MassMutual
alleged that Barclays had made false representations about the
quality and risk of default of the underlying loans. Motion for Dismissal. Complaint.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.