Violation Tracker Individual Record
Company:RBS Financial Products Inc.
Date:November 28, 2011
Offense Group:financial offenses
Primary Offense:toxic securities abuses
RBS Financial Products agreed to pay $52 million to settle allegations that it financed, purchased, and securitized residential loans that were presumptively unfair under Massachusetts law.
Level of Government:state
Action Type:agency action
Agency:Massachusetts Attorney General
Civil or Criminal Case:civil
HQ Country of Parent:Scotland
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking & securities
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