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  • RBC Auction Rate Securities: Canada's Largest Bank Hit with Class Action Lawsuit
    Jun-2-08 New York, NY The implosion of the auction rate securities market has caught up with Canada's largest bank, after Royal Bank of Canada (RBC) was hit with a potential class-action lawsuit that has been filed in New York. The allegation is that RBC conveyed to its clients the assurance that auction rate securities were safe, short-term opportunities for...
  • Auction Rate Securities: From Boom to Bust…to Broke?
    May-29-08 Washington, DC: While it may have occurred well before the market for auction rate securities turned to dust, alleged misdeeds by a major brokerage firm has resulted in a settlement with the Securities Exchange Commission (SEC). First Southwest has agreed to compensate the SEC $150,000 to settle charges that the firm had allegedly engaged in various a...
  • Another Monsanto Roundup Lawsuit filed in California
    Jul-26-21 San Francisco, CA Monsanto has been hit with another lawsuit claiming its Roundup product causes non-Hodgkin’s lymphoma and other cancers. Plaintiff Michael Langford of Sacramento was diagnosed with Non-Hodgkin lymphoma in 2007 and later developed other cancers. Langford’s Monsanto lawsuit filed in late June comes on the heels of a claim also...
  • Auction-rate Securities: What They Are, and Why You Should Call Your Lawyer
    Apr-10-08 New York, NY An investment product often touted as completely liquid and as good as cash is proving to be anything but in a slowing economy, leaving many desperate investors high and dry, and without access to their funds. Auction-rate securities , it turns out, are in reality not akin to cash and the fine print, it has been reported, duly points that out...
  • Twenty-One Arrested in Securities Fraud Ring
    Apr-1-08 Trenton, NJ: Twenty-one people have been arrested because of their connection to a securities fraud ring that netted approximately $50 million by scamming investors. The New Jersey State Attorney General Anne Milgram said the scheme was operating from Miami, Florida and Sao Paulo Brazil and was using the securities market in New Jersey to conduct their s...
  • Pilgrim’s Pride Settles Out of “Wage-Fixing” Lawsuit
    Jul-12-21 Baltimore, MD Pilgrim’s Pride Group, one of many poultry processors/defendants, has agreed to settle out of Jien v. Perdue Farms Inc. for $29 million and an agreement to cooperate against the remaining defendants. Rather than proceeding as an unpaid wages claim , Jien was brought as an antitrust case under the Sherman Act . The Sherman Act prohib...
  • Settlement Approved in Countrywide Identity Theft Suit
    Aug-28-10 Louisville, KY A settlement in a suit concerning identity theft between Countrywide Financial Corp. and 17 million of its customers received final approval from a federal judge. The 17 million people included anyone who obtained a mortgage from Countrywide or had the company service a mortgage before July 1, 2008, according to the Associated Press...
  • Countrywide Financial Executives Faces Securities Fraud Allegations
    Aug-26-10 Los Angeles, CA Formerly one of the largest mortgage lenders in the US, Countrywide Financial now faces allegations of securities fraud on the part of some of the lender's executives. Allegations made in the securities fraud litigation include that investors were misled by Countrywide executives. Meanwhile, other lawsuits alleging securities fraud and...
  • ATM Financial Files Bankruptcy Amid Fraud Accusations
    Feb-17-08 Wake County, FL: A Garner Company named ATM Financial, has decided to file for bankruptcy amid last week's accusations that the company committed fraud against one of its clients. The Tuesday bankruptcy filing in Florida's federal bankruptcy court is in an effort for the company to use Chapter 11 bankruptcy to reorganize its debts. In the filing, ATM...
  • Yet Another Unum Lawsuit Seeks Damages, Back Payments
    Sep-14-12 Pittston, PA Yet another Unum lawsuit has been filed alleging unfair practices and denial of benefits by an insurer known for chronic denials, according to details of an action filed August 31 in the United States District Court for the Middle District of Pennsylvania. Plaintiff in the case is Joseph J. Costello DPM, a licensed podiatrist whom, the...
  • Wealthy Brothers Charged in Alleged Securities and Stockbroker Fraud
    Aug-4-10 Washington, DC Two billionaire brothers and others within their influential circle in Dallas have been brought up on charges of securities fraud by the Securities and Exchange Commission (SEC), according to the 7/30/10 edition of the New York Times. Samuel and Charles Wyly, who are reportedly worth billions of dollars together, were charged on July...
  • Bank Conspired with own Customers in Scheme
    Feb-13-08 Lancaster, PA: In a conspiracy that involved the officers, employees, and some customers of Sterling Financial, an internal investigation has uncovered that the fraudulent scheme cost the financial institution $200 million. Also investigating the scheme are the Securities and Exchange Commission as well as the U.S. Attorney's office in one of the biggest b...
  • $1.51B Deal Agreed in Syngenta GMO Corn Seed MDL
    Santa Cruz, CA: A $1.51 billion settlement has been agreed between Syngenta AG and a nationwide class of plaintiffs who allege the chemical company should have delayed the release of its genetically modified corn seed until Chinese authorities, who represent a major corn market for US farmers, approved importing the GMO corn. The settlement deal f...
  • VA Disability FAQ
    What are VA benefits ? Veteran disability benefits are based on an illness or an injury that was either acquired or made worse while serving in the military. (The definition of a veteran is "A person who served in the active military, naval or air services, and who was discharged or released under conditions other than dishonorable.") The co...
  • VA Disability - VA Benefits, Veterans Disability - LawyersAndSettlements.com
    VA disability benefits are often denied because veterans don't seek help from a qualified VA attorney. Veteran disabilities, including post traumatic stress disorder , also known as PTSD and combat stress, can also hinder a veteran from filing a claim, thereby causing delay in veterans compensation and veteran's disability benefits . VA Disability...
  • Credit Card Abuse: "I'm going to Fight till the End"
    Nov-24-07 Newton, MS Connie Pruitt has had her fair share of credit card abuse , particularly increased rate hikes . "I'm willing to pay whatever I bought and their original interest rate," says Pruitt. "But I was lied to. Once I was given the bait and hook, it was a whole other story." Capitol One offered Pruitt a credit card at their introductory rate: one y...
  • Two Chronic Fatigue Syndrome Victims Win Denied Disability Insurance Appeal
    May-31-12 Sacramento, CA In two recent and separate incidents, two people who were wrongfully denied disability insurance won their appeals in court. Coincidentally, they both suffer from Chronic Fatigue Syndrome (CFS). Judi Peterson had her benefits terminated by her employer, AT&T, even though she was deemed completely disabled from CFS since 2006. This...
  • Whistleblowers Uncover a Flood of Wrongdoing
    Jun-13-07 New Orleans, LA Whistleblowers can take on many forms - from the tough-talking advocate to the quietly courageous, both seeing a wrong and, come hell or high water, just has to say something about it. Dara Fresco falls into the latter category. On the day in early June that she launched her Cdn. $600 million class action lawsuit against CIBC Bank in C...
  • Students Feel the Sting of Excessive Overdraft Fees
    Dec-14-09 Lawrence, KS Calls for the regulation of excessive overdraft fees could be a lifesaver for America's college students, as a recent survey found that nearly half of adults aged 18 to 25 are being burned by extraneous charges each year. As reported in the Daily Kansan , the Center for Responsible Lending's study claims that 46 percent of college-ag...
  • Consumer and Financial Fraud: If it seems Too Good to be True...
    May-16-07 Camden, NJ We've all seen them - the pitches on TV for free seminars. However, rather than a sweet deal, the Federal Trade Commission (FTC) warns that this kind of in-your-face allure has all the makings of consumer and financial fraud . From these pitches, attendees will acquire valuable information that will earn them real money from the comfort of t...
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