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Sort by date 1,813 pages found matching bank of america- The Variable Annuities Landscape Is Changing. Are You Being Shortchanged?
Sep-27-13 Washington, DC With the largest single demographic in America slipping into retirement, never has there been a more compelling issue than that of retirement income. And part of that equation for hundreds of thousands of Baby Boomers includes the Variable Annuity . More than a tax-deferred investment account, the product also offers retires a living bene... - Wachovia Corp. research Settlement
A 28-month investigation into the Wachovia Capital Markets division of the North Carolina-based bank company began when New York State Attorney General Eliot Spitzer released e-mails from analysts at Merrill Lynch & Co., in which they denigrated stocks they had endorsed in their research reports. The state securities regulators claimed that Wachovia fai... - Fifth Third Bancorp. of Cincinnati security breach lawsuit dismissed
A lawsuit filed against Fifth Third Bancorp. of Cincinnati has been dismissed. The Pennsylvania State Employees Credit Union (PSECU) filed the lawsuit hoping to recover $100,000 it spent on canceling and reissuing 235,000 Visa credit cards compromised in a security breach at BJ's Wholesale Club Inc., Mass., in 2004. PSECU claimed that Fifth Third was li... - Cascade County, Montana environmental land purchase Settlement
Montana Specialty Mills, a processor and marketer of oilseed and other grain-based products, found a plume of petroleum and other solvents under its property and filed a lawsuit against Cascade County in 1998. The suit alleged that contaminants leaked from the Cascade County Shop adjacent to the mill property. In the settlement, Cascade County will pay... - Settlements and Verdicts: Salem Health and Rehabilitation Center
A $175,000 settlement has been reached in the lawsuit filed against Salem Health and Rehabilitation Center and its operator, Roanoke-based Medical Facilities of America Inc. on behalf of the family of a man who died in the nursing home's care. The suit claimed that Ray C. Wolfe was malnourished and dehydrated, and had multiple bedsores when he was admitt... - Unum Named Second-Worst Insurance Company in US
Sep-8-13 Chattanooga, TN It may come as no surprise to some people who deal with companies like Unum that Unum is listed as the second-worst insurance company in the US. Unum lawsuits, alleging the company engages in bad faith insurance practices regarding Unum disability claims, have been filed against the company. In 2012, the American Association for Justice... - Bawag Refco Fraud Settlement
The U.S. Attorney's Office and the Securities and Exchange Commission filed charges against the Austrian bank for allegedly helping Refco Inc. commit fraud. Bawag did not admit or deny the allegations, but has agreed to pay the U.S. government a $675 million settlement. As part of the settlement, the U.S. Attorney's Office has agreed to refrain from cri... - Actos Lawsuits
Aug-20-13 Actos lawsuits have been filed against Takeda Pharmaceuticals, the manufacturer and distributor of the diabetes medication, alleging the drug causes bladder cancer. • Actos lawsuits have been steadily growing in number since June 2011, when the U.S. Food and Drug Administration (FDA) warned that use of Actos for one year or more had been linked t... - 2011 a Watershed Year for Actos and Bladder Cancer
Aug-14-13 Washington, DC With the first Actos lawsuit in the federal Actos litigation expected to go to trial in the New Year, Actos watchers are still looking in their rear-view mirrors to the bellwether case involving plaintiff Jack Cooper ( Cooper v. Takeda Pharmaceuticals America Inc., CGC-12-518535, California Superior Court Los Angeles), which was tossed... - More Fallout from the Madoff Securities Fraud Lawsuits
Aug-19-11 New York, NY It has been two-and-a-half years since Bernard Madoff's securities fraud , in the form of a massive Ponzi scheme, came to light. Even now, the trustee in the securities fraud litigation is going after companies that were allegedly involved in the securities investment fraud. According to The Economic Times (08/18/11), Irving Picard, th... - Michelex Corp. Wells Fargo Lending Dispute Settlement
Wells Fargo filed a lawsuit against the specialty plastic product company over a lending dispute. Wells Fargo sued Michelex, claiming the bank was owed just under $3 million in promissory notes. Michelex has agreed to pay Wells Fargo $1,025,000 by April 20, 2006 and $1,400,000 by August 31, 2006. (Apr-12-06) [ HOUSTON CHRONICLE ] Legal Help ... - Beauty Pageant Hopeful Back on Runway After Horrific Bout with SJS
Aug-3-13 Jackson, MS It’s not often that a patient can self-diagnose Stevens Johnson Syndrome from a few basic symptoms. But that’s exactly what Kennitra Thompson did after she began to experience facial swelling followed by a Stevens Johnson Syndrome rash. “I had [searched online for] my medication, and Stevens Johnson Syndrome popped up,&... - Gary Dowell and Terry Favilla Insider Trading Settlement
The Securities and Exchange Commission was successful in an insider trading suit against Terry F. Favilla, a former bank vice president and friend Garry R. Dowell. It is alleged that Favilla tipped off Dowell on a possible merger which collectively earned them over $110 thousand is stock profit. The court has ordered the pair to pay over $225 thousand tow... - UBS AG Copper Trading Scandal Settlement
Sumitomo Corp. filed a lawsuit against the bank relating to copper market transactions between 1995 and 1996. In 1996, Sumitomo's head copper trader Yasuo Hamanaka admitted running up losses of $2.6 billion in 10 years of unauthorized trading. UBS has agreed to pay Sumitomo an $86 million settlement related to the scandal. (Apr-07-06) [ MARKET WATCH... - Citigroup Inc. WorldCom Fraud Settlement
The University of California filed a lawsuit against the bank regarding its role in the 2002 collapse of WorldCom Inc. The university was an investor of WorldCom before it filed for bankruptcy in July 2002. The university claimed the former telecommunications analyst at Citigroup's Salomon Smith Barney unit issued unreasonably positive research reports... - Testimony against Takeda in Actos Lawsuit Alleges Profits Put before Patients
Jul-28-13 New York, NY A recent Actos bladder cancer lawsuit alleged that officials at Takeda Pharmaceutical Co., put profits ahead of patient safety when it came to Actos side effects. Testimony at the lawsuit, which was heard in March 2013, alleged the company was against including a bladder cancer warning on the Actos label. The Actos lawsuit resulted in a $6... - City of Philadelphia, Tabor Children's Services and Defender Association of Philadelphia Caregiver HIV Assault Settlement
In August 1999, an 8-year-old girl was placed in the care of her half sister's father. John Lyles was a convicted bank robber who had previously been charged with physically assaulting a stepson. Seven months after the girl had been living with Lyles, his girlfriend pressed rape charges against him. After the little girl was removed from the home, she c... - Bear Stearns Late Trading Settlement
The Securities and Exchange Commission and the New York Stock Exchange filed charges against the investment bank alleging illegal late trading. From 1999 through September 2003, Bear Stearns allegedly provided technology, advice and deceptive devices that enabled some customers and brokers to late trade and to evade detection by mutual funds. Preferred... - GranuFlo Lawsuit: When You Don’t Come Out Alive
Jul-4-13 Waltham, MA A startling headline indeed, but it does happen. Patients with failing kidneys who depend on life-saving dialysis to clean their blood take solace in a proven process that’s been around for some time. They have no fear that an expectation to simply walk out of the clinic a few hours later may not be the case. There is no pause to fear the... - Zimmer Knee Replacement: Headlines Don’t Tell the Whole Story
Jul-2-13 Washington, DC According to most recent figures concerning pending lawsuits over Zimmer Knee Replacement , there are just under 1,000 lawsuits currently pending in the Zimmer NexGen knee implant Multidistrict Litigation (MDL 2272, US District Court for the Northern District of Illinois). The actual number, according to a PRWeb Newswire release (6/12/1...