FEDERAL HOME LOAN BANK v. RBS SECURITIES

No. 76326-1-I.

418 P.3d 168 (2018)

FEDERAL HOME LOAN BANK OF SEATTLE, a bank created by federal law, Appellant, v. RBS SECURITIES, INC., f/k/a Greenwich Capital Markets, Inc., a Delaware corporation; Greenwich Capital Acceptance, Inc., a Delaware corporation; and RBS Holdings USA, Inc., f/k/a Greenwich Capital Holdings, Inc., a Delaware corporation, Respondents.

Court of Appeals of Washington, Division 1.

FILED: May 21, 2018.


Attorney(s) appearing for the Case

Matthew Aaron Carvalho , Diana Siri Breaux , Yarmuth Wilsdon PLLC, 1420 5th Ave. Ste. 1400, Seattle, WA, 98101-3336, David Grais , Grais & Ellsworth LLP, 950 Third Avenue, 24th Floor, New York, NY, 10022 for Appellant.

Catherine Wright Smith , Howard Mark Goodfriend , Smith Goodfriend PS, 1619 8th Ave. N, Seattle, WA, 98109-3007, Ana-Maria Popp , Cairncross & Hempelmann PS, 524 2nd Ave. Ste. 500, Seattle, WA, 98104-2323, Thomas Rice , Alan Turner , Simpson Thatcher & Bartlett LLP, 425 Lexington Ave., New York, NY, 10017 for Respondents.


¶ 1 Under the Washington State Securities Act (WSSA), an investor who sues for violation of this act must prove reasonable reliance on statements or omissions by a defendant.1 Here, Federal Home Loan Bank of Seattle (FHLBS) sued, as an investor, defendants Royal Bank of Scotland Securities Inc., Greenwich...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases