WaMu Mortgage Pass-Through Certificates Series 2006 Investor Securities Class Action Lawsuit 01/12/2009

If you purchased WaMu Mortgage Pass-Through Certificates Series 2006-AR1, WaMu Mortgage Pass-Through Certificates Series 2006-AR2, WaMu Mortgage Pass-Through Certificates Series 2006-AR3, WaMu Mortgage Pass-Through Certificates Series 2006-AR4, WaMu Mortgage Pass-Through Certificates Series 2006-AR6, WaMu Mortgage Pass-Through Certificates Series 2006-AR7, WaMu Mortgage Pass-Through Certificates Series 2006-AR8, WaMu Mortgage Pass-Through Certificates Series 2006-AR10, WaMu Mortgage Pass-Through Certificates Series 2006-AR11, WaMu Mortgage Pass-Through Certificates Series 2006-AR12, WaMu Mortgage Pass-Through Certificates Series 2006-AR13, WaMu Mortgage Pass-Through Certificates Series 2006-AR14, WaMu Mortgage Pass-Through Certificates Series 2006-AR15, WaMu Mortgage Pass-Through Certificates Series 2006-AR16, WaMu Mortgage Pass-Through Certificates Series 2006-AR17, WaMu Mortgage Pass-Through Certificates Series 2006-AR18, WaMu Mortgage Pass-Through Certificates Series 2006-AR19, you might have certain options and should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this case, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
Washington Mutual
Case Name: 
WaMu Mortgage Pass-Through Certificates Series 2006 Shareholder Class Action Lawsuit 01/12/2009
Case Status: 
Lawsuit Filed
Case Status: 
Settlement Approved
Lawsuit Overview
Type of Lawsuit: 
Shareholder Class Action
Date Filed: 
01/12/2009
Court of Filing: 
U.S. District Court for the Western District of Washington
Deadline To File for Lead: 
03/16/2009
Date Settled: 
09/05/2012
Settlement Amount: 
$26,000,000
Deadline to Participate in Settlement: 
03/18/2013
Summary: 

January 11, 2013 - The court approved the settlement and entered the order awarding attorneys’ fees and expenses.

September 5, 2012 - The court preliminarily approved the settlement.

September 4, 2012 - Parties filed a stipulation of settlement.

September 28, 2010 - The court grants in part and denied in part defendants' motion to dismiss.

April 27, 2010 - Defendants filed motions to dismiss.

April 1, 2010 - The lead plaintiff filed a second amended consolidated complaint.

January 29, 2010 - More defendants filed motions to dismiss.

January 28, 2010 - Defendants filed a motion to dismiss.

December 31, 2009 - The lead plaintiff filed another amended consolidated complaint.

November 23, 2009 - The lead plaintiff filed an amended consolidated complaint.

October 23, 2009 - Lead plaintiff and lead counsel were appointed.

September 4, 2009 - More lead plaintiff motions were filed.

August 14, 2009 - Cases were consolidated.

March 16, 2009 - Lead plaintiff motions were filed.

January 12, 2009 - An investor in Washington Mutual Mortgage Pass-Through Certificates Series 2006 filed a lawsuit in the U.S. District Court for the Western District of Washington on behalf of all purchasers of Washington Mutual Mortgage Pass-Through Certificates who purchased below stated certificates pursuant or traceable to the common Registration Statement filed with the Securities and Exchange Commission on December 30, 2005. The class action includes the following WaMu Mortgage Pass-Through Certificates:

WaMu Mortgage Pass-Through Certificates Series 2006-AR1,
WaMu Mortgage Pass-Through Certificates Series 2006-AR2,
WaMu Mortgage Pass-Through Certificates Series 2006-AR3,
WaMu Mortgage Pass-Through Certificates Series 2006-AR4,
WaMu Mortgage Pass-Through Certificates Series 2006-AR6,
WaMu Mortgage Pass-Through Certificates Series 2006-AR7,
WaMu Mortgage Pass-Through Certificates Series 2006-AR8,
WaMu Mortgage Pass-Through Certificates Series 2006-AR10,
WaMu Mortgage Pass-Through Certificates Series 2006-AR11,
WaMu Mortgage Pass-Through Certificates Series 2006-AR12,
WaMu Mortgage Pass-Through Certificates Series 2006-AR13,
WaMu Mortgage Pass-Through Certificates Series 2006-AR14,
WaMu Mortgage Pass-Through Certificates Series 2006-AR15,
WaMu Mortgage Pass-Through Certificates Series 2006-AR16,
WaMu Mortgage Pass-Through Certificates Series 2006-AR17,
WaMu Mortgage Pass-Through Certificates Series 2006-AR18,
WaMu Mortgage Pass-Through Certificates Series 2006-AR19

The lawsuit asserts claims under Sections 11, 12 and 15 of the Securities Act of 1933. The complaint alleges that defendants made material misstatements and omissions in connection with the offerings regarding the collateral underlying the certificates.