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Talks between original holders and a law firm over potential securities fraud litigation did not pan out, and trustee UMB NA has canceled all the bonds. ....
Trustee closes books on Better Housing Foundation bond debacle bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
A lawsuit accusing underwriter Stifel of negligence on one bond issue is pending and broader claims related to the financings are being considered. ....
Lawsuits may follow Better Housing Foundation bond debacle in Illinois bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.