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Just 1 Claim Survives In TCF Auto Loan-Backed Securities Suit

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Just 1 Claim Survives In TCF Auto Loan-Backed Securities Suit

Just 1 Claim Survives In TCF Auto Loan-Backed Securities Suit

A California federal judge has let only a single fraud claim survive in the otherwise sweeping dismissal of an investor suit against TCF Bank and its affiliates over alleged misrepresentations of a key metric governing the value of securities collateralized by a pool of auto loans, though the investors will have a chance to amend.

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