NEW YORK - A federal judge in New York on Feb. 27 denied a motion to dismiss filed by investors in a securities lawsuit who alleged that The Bear Stearns Cos. and certain of its subsidiaries and others misrepresented the riskiness of residential mortgage-backed securities $(RMBS$) the defendants securitized (Dexia SA/NV, et al. v. Bear, Stearns & Cos. Inc., et al., No. 12-4761, S.D. N.Y.; See September 2012, Page 12)....(read more)![]()
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