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Sort by relevance 296 pages found matching wells fargo- Wells Fargo Bank JP Morgan Chase Face Interest Rates Lawsuit
San Francisco, CA: Wells Fargo Bank and JP Morgan Chase are facing a federal class action over alleged violations of the Racketeering Influenced and Corrupt Organizations (RICO) Act. The lawsuit alleges the defendants charged inflated fees and interest rates to homebuyers who go into default. Filed by lead plaintiff Latara Bias, the class action... - Kosmos Energy, Ltd, KOS Securities Fraud
Company: Kosmos Energy, Ltd, Ticker Symbol: KOS Class Period: May-16-11 to Nov-10-11 Date Filed: Jan-10-12 Lead Plaintiff Deadline: Mar-10-12 Court: Texas state Allegations: Houston, TX: A securities class action lawsuit has been filed against Kosmos Energy, Ltd. ("Kosmos Energy") and... - Is Fracking Causing Earthquakes?
Jan-4-12 Cleveland, OH A recent earthquake in Ohio has experts debating whether activities related to hydraulic fracking for natural gas, which involves high-pressure liquid injection, may be the cause. On New Year's Eve a 4.0 magnitude earthquake struck at a depth of approximately 2 miles. As a result, Ohio's Department of Natural Resources suspended opera... - FINRA Fining Banks for Selling Derivatives to Elderly Investors
New York, NY: Financial Industry Regulatory Authority (FINRA) has fined Wells Fargo & Co. (WFC) $2 million for failing to supervise the sale of a type of securities called derivatives to elderly investors by the company's top salesman. Alfred Chi Chen, 64, reportedly sold hundreds of reverse convertibles to these customers, generating over $1 mil... - Major Banks Hit by New Round of Foreclosure Lawsuits
Dec-14-11 Boston, MA State officials from Massachusetts have targeted the nation's five largest mortgage servicers with foreclosure lawsuits for allegedly pursuing illegal practices and misleading troubled borrowers, according to the Los Angeles Times . The newspaper reported that in suing, Massachusetts Attorney General Martha Coakley increases the pressure... - Wells Fargo Agrees $37M to Settle Bid-Rigging Lawsuits
New York, NY: Class action lawsuits filed by various municipalities against Wells Fargo look set to end, as Wells Fargo & Co has agreed to settle the suits, but they are pending court approval. The lawsuits alleged bid-rigging by Wachovia's municipal derivatives group, according to a report on Reuters.com. Wells Fargo, which acquired Wach... - Another Bank Overdraft Fees Lawsuit Filed
Oct-25-11 Salt Lake City, UT Customers upset over excessive bank overdraft fees have filed another lawsuit, this one against Zions Bank, alleging excessive bank fees. According to reports, bank customers claim the bank overdraft fees policy forced customers into overdraft more quickly than they should have, resulting in high profits from overdraft fees. The l... - Attorney: "People's Financial Lives Ruined" by Unsuitable Investments
Oct-25-11 Rochester, NY When clients turn to a financial advisor like William Tatro , or a financial firm such as Eagle Steward or First Allied Securities, they expect their money will be put in investments suitable to their risk tolerance and financial needs. An unsuitable investment is one that goes against the client's risk tolerance and financial needs. For e... - Occupy Wall Street Battleground Isn't a Park - It's a Courtroom
Oct-24-11 New York, NY As the massive Occupy Wall Street movement continues to spread across the globe, many protestors, when questioned, come up short on specifics as to the actual source of their angst. A certain lawsuit? A specific case? A basket of Securities Class Action Lawsuits ? Well, yes. And no. And not really. In truth, many are simply drawn into a mov... - Oil and Gas - Oil and Gas Accidents, Oil and Gas Law - LawyersAndSettlements.com
Oil and Gas workers are subject to some of the most hazardous industrial conditions in the US. Serious injuries and fatalities occur too often from an oil accident or gas accident. Oil and gas attorneys ensure that gas and oil companies are held accountable for oil drilling accidents and oil field accidents . People employed by gas and oil com... - Bank of America Settles Bank Overdraft Fees Lawsuit
Sep-5-11 Tampa Bay, FL Customers who are concerned about excessive bank overdraft fees may be happy to hear that some bank overdraft fees lawsuits have been settled, with the defendants paying for their alleged excessive bank fees. Both Bank of America and Wells Fargo have or will pay customers for practices that critics and a judge argue are unethical. Meanwhi... - Department of Energy Panel Seeks Information on Composition of Drilling Mud
Aug-19-11 Allentown, PA A US Department of Energy panel is reportedly seeking information from energy companies related to the composition of drilling mud in a technique that enables them to access large deposits of natural gas. According to the Press & Sun-Bulletin , the new technique has allowed for the creation of tens of thousands of new wells, but s... - $627M Settlement Reached in Wachovia Preferred Securities and Bond Litigation
New York, NY: The Orange County Employees' Retirement System, the Louisiana Sheriffs' Pension and Relief Fund, and the Southeastern Pennsylvania Transportation Authority, the court-appointed representatives of a class of investors who purchased certain Wachovia Corporation (Wachovia) bonds and preferred securities pursuant or traceable to numerous publ... - Shell Faces More Benzene Leukemia Lawsuits
Aug-4-11 Roxana, IL Shell Oil faces another lawsuit alleging the company knowingly exposed residents of a small town to benzene side effects without adequately warning residents that their air and water were being contaminated. The plaintiff alleges he developed benzene leukemia, and that Shell knew about the link between benzene and cancer for years but minimi... - New Wave of DePuy Pinnacle Lawsuits Being Filed across the Country
Jul-14-11 Warsaw, IN While product recalls can affect a significant percentage of the population, the case of the DePuy Pinnacle hip replacement recall has perhaps impacted more than most, according to a recent Wall Street Journal article. The news source reports that approximately 1,000 lawsuits have been filed in state and federal courts over the defectiv... - Washington Mutual Settles Securities Lawsuit
Jul-8-11 Seattle, WA Washington Mutual has reportedly reached a settlement in the securities lawsuit filed against it by shareholders. The securities fraud settlement is reportedly the largest ever in Western Washington and joins the ranks as one of the largest class-action settlements to stem from the financial meltdown. Plaintiffs filed the securities fraud l... - Companies in North Dakota Facing Fines over Drilling Mud Chemicals
Jun-16-11 Bismarck, ND Nearly 20 companies conducting work in North Dakota's oil patch are facing significant fines after they allegedly did not prevent waste pits from flooding during the spring, potentially releasing drilling mud chemicals . The Associated Press reports that the 19 companies are being fined millions of dollars in total. The director of t... - Wells Fargo Settles Gender Bias Suit for $32 Million
Washington, DC: A federal judge in Washington has approved a $32 million settlement of a class action brought against Wells Fargo Advisors by a group of women who alleged gender discrimination. Reportedly, some 3000 female financial advisors make up the class. Under the terms of the settlement, Wells Fargo Advisors will implement policies and pr... - Bank of America to Pay $410M in Overdraft Fees Class Action
Washington, DC: A preliminary settlement of $410 million has been approved in an excessive overdraft fees class action lawsuit brought against Bank of America. Preliminary approval was granted Monday by a federal judge in Miami. The overdraft fees lawsuit was brought by consumers who alleged that BoFA was manipulating debit transactions so as to... - Fracturing Contamination Found in Landmark Study
May-12-11 Durham, NC Critics of the mining process for natural gas known as "fracking" (fracturing) received a boost with the publication of a landmark study that suggests a definitive link between the process of fracking and contamination found in area groundwater. Even with the study, the debate over hydraulic fracturing water contamination is expected to cont...