Robbins Geller Rudman Dowd Obtains $388 Million Recovery in J.P. Morgan MBS Class Action

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SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announced a $388 million recovery on behalf of a class of investors in nine 2007 residential mortgage-backed securities (MBS) offerings issued by J.P. Morgan – bringing to a successful conclusion one of the last remaining MBS purchaser class actions arising out of the global financial crisis. The settlement represents, on a percentage basis, the largest recovery ever achieved in an MBS purchaser class action. “We’re pleased with t

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