Mr Cooper Group Inc fka COOP

[PickStocks]

This legal notice means that the  for a group of failed banks, is , and doing so Let's break it down:

This legal notice means that the Federal Deposit Insurance Corporation (FDIC), as Receiver (FDIC-R) for a group of failed banks, is voluntarily dismissing its lawsuit, and doing so "with prejudice."

Let's break it down:

📄 What is it?
“NOTICE OF VOLUNTARY DISMISSAL WITH PREJUDICE”

"Voluntary Dismissal" means the plaintiff (FDIC-R) is choosing to drop the case.
"With Prejudice" means the case is permanently closed — it cannot be refiled in the future.
📜 Legal Authority Cited
Federal Rule of Civil Procedure 41(a)(1)(A)(i):
This rule allows the plaintiff to dismiss the case without needing court approval if:
The defendant has not yet filed an answer or motion for summary judgment.
🏦 Who is involved?
Plaintiff: The FDIC as Receiver for the listed banks (e.g., Amcore Bank, IndyMac, Washington Mutual, etc.)
Defendants: Not specified in this excerpt, but likely entities or individuals the FDIC-R was suing, possibly to recover losses after the banks' failures.
🧾 Bottom Line
The FDIC-R filed a lawsuit on behalf of multiple failed banks, and it is now formally ending the lawsuit, permanently, without further litigation or claims against the defendants in this case.