The NCUA has hired three outside law firms to represent it in the lawsuits it filed Monday that seek more than $800 million from RBS Securities Inc. and J.P. Morgan Securities.
The agency, which is alleging that the investment banks gave incomplete and misleading information to corporate credit unions when selling them residential mortgage backed securities, has retained two law firms with expertise in such litigation: Washington-based Kellogg, Huber, Hansen, Todd, Evans & Figel and Chicago-based Korein Tillery.
The agency has also retained Stueve Siegel Hansen as local counsel in Kansas City, where the suits were filed.
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