AIG Offers Lessons for MBS Fraud Plaintiffs

, New York Law Journal


Andrew E. Tomback, a partner at Zuckerman Spaeder, and Megan Quattlebaum, an associate at the firm, write that the AIG settlement offers a simple yet consequential lesson for the attorney general and the plaintiffs' bar: hurry - because when both the state and private parties are litigating these types of claims at once, the first party to settle will win the restitution prize.

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