Deutsche Bank fails to end BlackRock, Pimco mortgage debt lawsuit

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(Reuters) – A U.S. judge on Monday narrowed but refused to dismiss a lawsuit seeking to hold Deutsche Bank AG liable to investors, including dozens of portfolios from BlackRock Inc and Pacific Investment Management Co, for losses on poorly underwritten residential mortgage-backed securities.

Source:: Deutsche Bank fails to end BlackRock, Pimco mortgage debt lawsuit

      

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