Ontario Teachers’ Pension Plan Board and BLB&G File Securities Class Action Against Washington Mutual

August 05, 2008

The Consolidated Complaint alleges in detail that as Washington Mutual, Inc. ("WaMu") shifted its focus from traditional to higher-risk residential lending in recent years, WaMu also secretly abandoned the standards that WaMu claimed to follow for managing, conducting and accounting for its core home lending businesses.
naval-actor