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Lawsuit Filed Against Home Equity Mortgage Trust 2006-5 and Others NEW YORK, NY--(MARKET WIRE)--Oct 6, 2008 -- A lawsuit is pending in the United States
District Court for the Southern District of New York captioned
New Jersey
Carpenters Health Fund v. Home Equity Mortgage Trust 2006-5,
Credit Suisse
First Boston Mortgage Securities Corporation, Andrew A.
Kimura, Thomas
Zingalli, Jeffery A. Altabef, Michael A. Marriott, Evelyn
Echevarria,
Credit Suisse Group, Credit Suisse (USA), LLC, Credit Suisse
Securities
(USA), LLC, Moody's Investors Service, Inc., The McGraw-Hill
Companies,
Inc. and DBRS, Inc., Docket No. 08-CV-5653. The lawsuit
was filed on
behalf of all purchasers of Home Equity Mortgage Pass-through
Certificates
who purchased said certificates pursuant or traceable to
the October 30,
2006 offering. 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 offering
regarding the collateral underlying the certificates. If
you purchased Home
Equity Mortgage Pass-through Certificates pursuant or traceable
to a
misleading registration statement, you may file a motion
before the court
no later than sixty (60) days from today to be appointed
to lead the case
on behalf of all eligible purchasers. If you have any questions concerning this matter, please contact plaintiff's counsel, Frank Schirripa, at (212) 964-0046. Contact: Contact:
Frank Schirripa
(212) 964-0046
Source: Frank R. Schirripa, Attorney-at-Law
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