Octave Specialty Group, Inc. · NYSE:OSG
Octave Specialty — Ambac Financial Group — Proxy Contest (May 2016)
6 slides from Octave Specialty's proxy contest presentation, May 11, 2016
Slide 1: Status of RMBS Litigations
© 2016 Ambac Financial Group, Inc. One State Street Plaza, New York, NY 10004 All Rights Reserved | 800-221-1854 | www.ambac.com STATUS OF RMBS LITIGATIONS MAY 10, 2016
Slide 2: Status of RMBS Litigations
STATUS OF RMBS LITIGATIONS (1) Litigation Case Current Status (as of May 10, 2016) First Franklin Financial Corporation, Bank of America, N.A., Merrill Lynch, Pierce, Fenner & Smith Inc., Merrill Lynch Mortgage Lending, Inc., and Merrill Lynch Mortgage Investors, Inc. – New York State Supreme Court,
Slide 3: Status of RMBS Litigations - Continued
STATUS OF RMBS LITIGATIONS - CONTINUED (1) Litigation Case Current Status (as of May 10, 2016) Nomura Credit & Capital, Inc. and Nomura Holding America Inc. – New York State Supreme Court, Index No. 651359/2013 [re Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2007-1 and Nomura
Slide 4: Status of RMBS Litigations - Continued
STATUS OF RMBS LITIGATIONS - CONTINUED (1) Litigation Case Current Status (as of May 10, 2016) Countrywide Home Loans, Inc., Countrywide Financial Corp., and Bank of America Corp. – New York State Supreme Court, Index No. 653979/2014 [re CWALT 2005-81, CWALT 2006-OA19, HVMLT 2005-16, HVMLT 2006-9, L
Slide 5: Forward Looking Statement
FORWARD LOOKING STATEMENT In this presentation, we have included statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as “estimate,” “project,” “plan,” “believe,” “anticipate,”
Slide 6: Important Information
Important Information Ambac Financial Group, Inc., ("Ambac") filed a definitive proxy statement with the Securities and Exchange Commission ("SEC") on April 20, 2016 in connection with its 2016 Annual Meeting. STOCKHOLDERS ARE URGED TO READ THIS PROXY STATEMENT, THE ACCOMPANYING WHITE PROXY CARD AND