Water Agency Sues Corbin Over a Swap

Hume, Lynn
August 2003
Bond Buyer;8/01/2003, Vol. 345 Issue 31690, p1
Trade Publication
Reports that the West Basin Municipal Water District in Carson, California, is suing financial advisor P.G. Corbin & Co. and one of its former vice presidents over an interest rate swap entered into October 2001, as of August 1, 2003. Possibility of a lawsuit by the West Basin Municipal Water District against the swap provider, Rice Financial Products Co.; Allegations of the West Basin Municipal Water District regarding the violation of state law by P.G. Corbin & Co.


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