BRIEF-Karur Vysya Bank to issue equity shares in the ratio of 1:6
* Says to issue equity shares in the ratio of 1:6 Source text: (http://bit.ly/2rfCa8D) Further company coverage:
NEW YORK Feb 3 The U.S. Securities and Exchange Commission on Friday dropped its case against two former executives at now-defunct home lender Thornburg Mortgage Inc in a lawsuit brought in the wake of the 2008 financial crisis.
In papers filed in federal court in Albuquerque, New Mexico, the SEC said it would no longer pursue its civil case against former Thornburg CEO Larry Goldstone and former CFO Clarence Simmons. (Reporting by Nate Raymond in New York; Editing by Chris Reese)
* Some claimants consider pursuing case - source (Adds possible break-away group, details)