U.S. top court rejects Nomura and RBS appeal in mortgage-backed securities case

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear an appeal brought by Nomura Holdings Inc and the Royal Bank of Scotland Group PLC seeking to overturn an order requiring them to pay $839 million for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac.

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Source:: Reuters – Business News

      

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