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CIBC to pay $125 million to settle class action lawsuit on subprime mortgage risks

Investors launched the suit in 2008 alleging that the bank misled the market

CIBC to pay $125 million to settle class action lawsuit on subprime mortgage risks

Investors launched the suit in 2008 alleging that the bank misled the market

CIBC to pay $125 million to settle class-action lawsuit on subprime mortgage risks

TORONTO CIBC has agreed to pay $125 million to settle a class-action lawsuit that had accused the bank of misrepresenting its exposure to U.S. residential mortgage-backed securities ahead of the financial crisis.

CIBC to pay $125 million to settle class-action lawsuit on subprime mortgage risks

TORONTO CIBC has agreed to pay $125 million to settle a class-action lawsuit that had accused the bank of misrepresenting its exposure to U.S. residential mortgage-backed securities ahead of the financial crisis.

CIBC to pay $125 million to settle class-action lawsuit on subprime mortgage risks

TORONTO CIBC has agreed to pay $125 million to settle a class-action lawsuit that had accused the bank of misrepresenting its exposure to U.S. residential mortgage-backed securities ahead of the financial crisis.

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