Mr Cooper Group Inc (COOP)

[ron_66271]

"Upstream Issues".

Upstream Issues are Criminal prosecution.

It’s in the documentation.


3959-3960;
“Filed In Associated Cases: 1:11-md-02262-NRB, 1:11-cv-05450-NRB.”

Follow the case numbers.

From 3921;
“The parties are reminded of the October 4, 2024 deadline to file summary judgment motions related to the alleged suppression of LIBOR and/or any conspiracy to suppress LIBOR (the "Upstream Issues"). See ECF No. 3687 at 6.”

Now see 3687.
BofA and JPM and same case numbers.

Yes The FDIC is a OTC Plaintiff


How this will play out for the Defendant’s.
Like the final see of “Reservoir Dogs”.
Who will/is shooting who first?
The only solution to keep the employees from ‘ratting out the Boss/BOD is for the Boss/BOD is to settle fast before Discovery gets ugly.


Settlements become the framework for the next settlement.

We will probably never see the Upstream Issue litigated.



Ron