Lawsuit Filed Against Home Equity Mortgage Trust 2006-5 and Others
NEW YORK, NY -- (Marketwire) -- 10/06/08 -- A lawsuit is pending in the United StatesDistrict Court for the Southern District of New York captioned New JerseyCarpenters Health Fund v. Home Equity Mortgage Trust 2006-5, Credit SuisseFirst Boston Mortgage Securities Corporation, Andrew A. Kimura, ThomasZingalli, 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 onbehalf of all purchasers of Home Equity Mortgage Pass-through Certificateswho purchased said certificates pursuant or traceable to the October 30,2006 offering. The lawsuit asserts claims under sections 11, 12 and 15 ofthe Securities Act of 1933. The complaint alleges that defendants madematerial misstatements and omissions in connection with the offeringregarding the collateral underlying the certificates. If you purchased HomeEquity Mortgage Pass-through Certificates pursuant or traceable to amisleading registration statement, you may file a motion before the courtno later than sixty (60) days from today to be appointed to lead the caseon behalf of all eligible purchasers.
Contact:Frank Schirripa(212) 964-0046
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