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Sort by date 1,813 pages found matching bank of america- Financial Firms Face Securities Fraud Lawsuits
Sep-20-11 Washington, DC Banks that were involved in mortgage-backed securities may continue to face lawsuits alleging securities fraud for the way they marketed their stocks and securities. The government is getting in on the fraud litigation, filing lawsuits of its own against financial firms that sold mortgage-backed securities to Fannie Mae and Freddie Mac... - Intel Hit With $1.45 Billion Antitrust Fine
May-13-09 Brussels In what is believed to be the largest penalty ever delivered in an antitrust case, the European Commission today slapped computer chip maker Intel a record $1.45 billion fine for abusing its market dominance in a bid to shut out rival AMD, according to a story this morning in the New York Times. "AMD is properly known as Advanced Micro Devi... - Surrogacy Company and Financial Agents Sued for Breach of Contract
Apr-30-09 Sherman Oaks, CA Dozens of would-be parents and the women who were acting as surrogate mothers in California have been left in the lurch after the company that made the arrangements and its financial holding company allegedly misappropriated thousands of dollars. Attorney Ted Penny, a Los Angeles litigator with expertise in consumer protection law, has la... - Dialysis Lawsuit Update: The Latest on Granuflo Lawsuits
Jul-24-13 Dialysis Lawsuit Background: Granuflo and NaturaLyte lawsuits have been filed against Fresenius Medical Care North America, the manufacturer and distributor of dialysis products Granuflo and NaturaLyte, alleging their actions, i.e., alkali dosing errors , led to the wrongful deaths of some dialysis patients. Both Fresenius and Davita operate hundre... - Consumer Fraud Scams: What's Old Is New Again
Apr-13-09 Nashville, TN The scam is as old as time itself and consumer fraud is growing with the development of new ways to lead the consumer down the garden path. Little wonder that the Consumer Protection Act has become a dog-eared reference for all kinds of scams that attempt to do an end run around fair play and consumer protection. And while the Internet... - Actos Plaintiffs Not Dissuaded by Vacated Actos Bladder Cancer Verdict
Jun-29-13 Deerfield, IL The recent overturning of an Actos bladder cancer lawsuit verdict that had awarded $6.5 million to an elderly plaintiff has not dissuaded other Actos plaintiffs from filing an Actos lawsuit alleging their Type 2 diabetes medication is the culprit behind the emergence of their bladder cancer. A lawsuit filed at the behest of four plaint... - More Investors Suffer Massive Stock Losses
Mar-3-09 Houston, TX Following news that yet another financial firm was involved in investment fraud, a lawsuit has been filed by angry investors who claim they lost a lot of money because of the fraud. With the massive amounts of stock market losses, investors are in desperate need of honest stock market financial advice. Instead, many say they are being misled... - File Auction Rate Securities Claims Now, Attorney Says
Feb-18-09 Kansas City, MO If you had money in Auction Rate Securities and have not received a settlement, time is running out. Diane Nygaard, founder of the Nygaard Law Firm, says that now is the time to file a FINRA arbitration claim to recover money that was lost or frozen in the Auction Rate Securities market. According to Nygaard, there are still some firm... - The Horror of Financial Elder Abuse
Feb-5-09 Fresno, CA With more officials and regulators becoming concerned about financial elder abuse, more of the public learns about this horrible crime committed against a vulnerable population. Unfortunately, seniors are increasingly becoming victims of financial abuse and, too often, they think there is nothing they can do about it. California has financial... - Brokers Should be Held Liable for Bad Stock Market Financial Advice
Jan-14-09 Montreal, PQ The size, and breadth of stock market losses in this bear market has been staggering. For many, stock losses have been the direct result of questionable stock market financial advice, or brokers who do not follow your express wishes. It's easy enough to do. Joseph Epstein, the author most recently of "Fred Astaire" (Yale University Press... - Defunct Company Sued for ERISA Plan Violation
May-11-11 Grand Rapids, MI The US Department of Labor (DOL) has initiated a lawsuit against a failed metal processing company in an effort to recover more than $16,000 in ERISA plan contributions owed to a collection of employees. The DOL launched the lawsuit to ensure the missing contributions don't wind up as a write-off during bankruptcy proceedings. The... - Morgan Keegan Client "Better Off Playing Roulette"
Dec-9-08 Columbus, NE The loss of value in certain Morgan Keegan investment funds has obviously had a considerable impact on people who invested in those funds. Most of the time, the media covers people who have lost hundreds of thousands of dollars in the stock crisis. However, there are also many people like Frank S. (not his real name), who did not have a lot... - Recovering Money Lost to Financial Elder Abuse
Nov-28-08 Beverly Hills, CA If you suspect you or someone you love has been a victim of financial elder abuse it may be a good idea to contact a lawyer to determine what can be done; usually the sooner you contact a lawyer the better. That's because in some cases of financial elder abuse, the abuser takes the victim's money and spends it, leaving nothing for recov... - SEC Enforcement Boosts Settlement Value: Study
Mar-16-11 New York, NY One small, but persistent ray of sunshine in an otherwise bleak oversight culture in this country is the Securities and Exchange Commission (SEC), which continues to watch over the investment and financial traffic in the US as resources will allow. A sign that the SEC is effective, according to a yearly study undertaken by Cornerstone Research... - A Tale of Two Contracts
Oct-14-08 Hollywood, CA Like any grade-school promise, commercial contracts are just that—a legal pledge, or a guarantee that a promised service will be carried out. A commercial contact is a covenant, and when it is breached commercial contract law comes into play. Sometimes those breaches can make for salacious headlines, especially when well-known celebrit... - Copyright Infringement: Cut, Pasted and Pirated.
Jul-26-08 Charles Town, WV Copyright infringement is the new blue-collar crime, and the Internet is the new frontier for posting, displaying, downloading and using things that belong to someone else. Copyright is a form of ownership, after all. Not unlike the way you own a car, or a piece of real estate. The bank may be on title so long as you hold a mortgage o... - Auction Rate Securities: UBS Commits "Flagrant Breach of Trust"
Jul-25-08 New York, NY If you needed any further proof that companies have been up to illegal activity regarding auction rate securities, this should finally convince you. New York State has filed a lawsuit against Swiss bank UBS AG, accusing the company of misleading clients by falsely selling auction rate securities as cash equivalents. According to the lawsuit,... - Hedge Funds and Mortgage Fraud
Jul-18-08 Palm Beach, FL Unscrupulous hedge fund managers and other financial advisors should be very nervous. Recent news has been filled with reports of indictments, lawsuits and arbitration cases against advisors who used their role for their own gain rather than for the benefit of their clients. More and more frequently, investors are holding their advisors ac... - Auction-Rate Securities: Investors Led Down the Garden Path
Jul-16-08 New York, NY If the auction-rate securities debacle taught us anything, it is that Grandma was right all along: the safest place for your money is in your mattress. Sure, you don't earn anything from it. But you don't lose it, either—as scores of investors found out the hard way after the sudden and spectacular collapse of the auction-rate securities m... - Can California Cashiers Sit on the Job?
Dec-17-20 Sacramento, CA The latest ruling over Ralphs Grocery Store seating for cashiers – initially filed in 2016— has reversed a trial court’s decision to link two California labor lawsuits that accuse parent company The Kroger Co. of not providing its employees with seating. On November 20, the California state appeals court found that cases...