Banking Archive » November, 2008

Banking - November, 2008

148 articles

• Refco Settles Adversary Case For $17.5M
• New Century, Ohio Settle Loan Origination Suit
• ING Targets Discover In Suit Over Orange Ball Mark
• FERC Reaches Settlement Deal With Amaranth
• MasterCard Wins Dismissal Of IPO Antitrust Claims
• Insurance MDL Plaintiff Trims Antitrust Suit
• Pension Fund Named Lead Plaintiff In Freddie Suit
• US Aims $800 Billion At Consumer Lending
• Deloitte To Pay Pa. $40M In Reliance Insurance Deal
• Downey Savings Prepares To File For Ch. 7
• SEC Narrows Probe, Subpoenas CDS Interdealers
• Skadden Tops List Of 2007 Litigation Revenue Makers
• Top Firms Help Shape Citigroup Bailout
• No Relief Of Stay For Developers In Lehman Ch. 11
• Obama Picks Economic Team
• DOJ OKs Deep-Pocketed Consortium Of Insurers
• Merrill Wants Ch. 11 Trustee In Leighton Case
• Bear Stearns MDL Lawyers Spar Over Consolidation
• Bankrupt Cos. Likely Fraud Probe Targets: Study
• BofA, Merrill Agree To Settle Shareholder Suits
• Court Keeps ADA Drug Test Suit V. Bank In Play
• Thousands Of Plaintiffs Drop Allstate FLSA Claims
• DOJ Charges 6 With $40M Class Action Fraud
• Proskauer Dodges RICO Claim In Tax Shelter Suit
• Refco Customers Fail To Reverse Fraud Case Dismissal
• SEC Sues Traders Over Alleged Short-Sale Scheme
• Treasury Finalizes Rules On CFIUS Reviews
• JPMorgan, Citi Zinged Over Check-Reading Patent
• SEC Subpoenas Able Energy Partner, Auditors
• Tort Costs Climbed $5.1B In '07: Report
• Authorities Probe Wachovia's Loan Practices
• Barclays Sues Ritchie Over Investments In Petters
• Class Action Rise Paints Complex Picture
• Lehman Seeks To Block Bid To Lift Automatic Stay
• Sentinel Trustee Sues FTN Financial For Fraud
• Fremont Says Ch. 11 Blocks Ex-Counsel Wage Case
• SEC Adopts New Disclosure Rules For Mutual Funds
• SEC Sues Finance Co. Over Alleged $11M Fraud
• Mass. Regulator Sues Oppenheimer Over ARS
• Hutchinson Sues UBS, Citigroup For ARS Fraud
• Hedge Fund Founders Convicted In Fraud Trial
• SEC Delays Vote On Credit Rating Industry Reforms
• People's Choice Settles WaMu Claim For $2.6M
• Winston Welcomes 19 Thelen Attorneys
• Federal Judge OKs WaMu Legal Appointments
• 5th Circ. Rebuffs Insurers In Vioxx Settlement
• The Next Wave Of Securities Litigation: FIN 48
• Regulators Sue BMO Trader Over Gas Options Scheme
• Fired Morgan Stanley Manager Sues For Age Bias
• 3rd-Party Funding Fuels European Litigation Growth
• 7 Top Goldman Brass Forgo Annual Bonuses
• Deloitte 'Pruned' Staff Of Older Employees: Suit
• Judge Tosses Part Of Sterling, Credit Suisse Suit
• Harbinger Asks For Probe Of Lehman Transfers
• The State Of Unregistered Intermediary Regulation
• Refco Prosecutor Tapped To Monitor TARP
• H&R Block Loses Appeal Over Insurance Coverage
• 2nd Circ. Revives Investors' Suit Against Hartford
• Robinson & Cole Gains About 30 Ex-Thelen Attorneys
• FDIC Floats Plan To Save Delinquent Mortgages
• Ruling Stands In $550M Fund Admin Fraud Case
• Sovereign Bank Objects To Boscov's Asset Sale
• 6th Circ. Remands Fight Over Tobacco Payouts
• Citi Sues Former Employee For Client Scam
• 2nd Circ. Remands MBIA Class Action Fraud Suit
• No Reason For Discovery In Cash Sweep Suit: Judge
• Lehman Seeks Court OK For Deal With European Units
• Cox Wants Review Of Market Volatility
• Judge Orders Shell Bank Exec To Pay $80M
• Freddie Mac Suit Parties Jockey For Lead Plaintiff
• Ousted Chairman Considers Suing Cohen Milstein
• US Attorneys' Offices' Resources Mismanaged: Audit
• NY Investigators Home In On CDS Brokers
• Regulators Pose New Real Estate Appraisal Rules
• Mortgages Ltd. Sues Developer Over $36M In Loans
• Cuomo Digs Further Into BofA's Exec Bonuses
• Former UK Ambassador Fined For Insider Trading
• Testifying Can Be A Terrible Temptation
• Bear Stearns Settles CMO Suit For $27M
• Calif. County Sues Lehman Execs Over $150M Loss
• WaMu Seeks $7.4M Transfer To Prop Up Subsidiary
• Hong Kong Opens Probe Into Massive Lehman Losses
• McCarter & English Nabs Former Wachovia Counsel
• UBS Exec Charged With Tax Conspiracy
• Fed Pushes To Lead CDS Clearing Oversight
• Treasury Shifts Bailout Focus From Illiquid Assets
• EU Headed For Recession, KPMG Study Finds
• Deutsche Bank Sues Lehman To Recover $72.5M
• Effects Of 2nd Circ. Stance On 'F-Cubed' Securities
• CEOs Seek Stronger Rules For Credit Rating Agencies
• EU Proposes New Rules For Credit Rating Agencies
• More Homework For High Court In ERISA Case
• Ex-Marsh Exec Can't Solicit Clients For 1 Year: Judge
• Call Center Worker Dials Up AmEx With Overtime Suit
• Dickstein Hires Former DuPont Counsel Mobley
• Judge Allows Amaranth Case To Move Forward
• VFinance To Pay SEC For Not Saving E-Mails
• BankAtlantic Discloses SEC Subpoena
• American Express To Become Bank Holding Company
• Forbearance Agreements, Problem Real Estate Loans
• Judge Rules No Punishment For SEC Official
• Ex-CEO Of MCA Barred From Investment Industry
• Axed Cohen Milstein Partner Starts Hausfeld LLP
• Morgan Stanley Takes Alleged Turncoat To Task
• SEC Overturns NASD "Selling Away" Decision
• 'Series 7' Score Suit Prohibited By Law: DC Circ.
• Overtime Suit Against US Mint To Stay In Play
• FERC Lets Harbinger Up Investment In Energy Cos.
• Goldman Drops $100M To Settle Insurance Co. Case
• Investor Class Takes Aim At UBS, Lehman Execs
• BofA Signs On To Broker Recruitment Protocol
• Investment Co. Released From Lernout Lawsuit
• Court Grants WaMu's Request For Trade Restrictions
• Teamwork, Turf Wars For State AGs Under Obama
• Obama Approach To Bailout Plan Still Open Question
• Bloomberg Demands Fed Lending Disclosures In Suit
• Sandler O'Neill To Pay $3.5M In Refco Settlement
• No Need To Argue 'Tolerance Of Accuracy': 3rd Circ.
• Swiss Agency Probes Credit Suisse, Other Banks
• Univision Can Intervene in Ameriprise Suit Over Fund
• Citibank Prevails In Fund's Suit Over Credit Swap
• A Key Case In Financial Derivatives Litigation
• Judge Won't Freeze Evergreen Shares
• Judge Won't Bring Back Delphi Fraud Claim
• ResCap Future Unclear As GMAC Posts 3Q Loss
• Litigating The Terms Of Credit Default Swaps
• SEC Plans To Clear Path For CDS Clearinghouse
• Judge Tosses Fund's Fraud Suit Against WaMu
• Shareholder Seeks Damages Over AIG Bailout
• Judge Warns Attys. In TJX Suit Of 'New Fee Regime'
• Commerzbank Bailout Draws Scrutiny From EU
• Lehman CEO Fuld To Step Down By End Of '08
• Code Writer Boots Up WARN Act Suit V. Lehman
• Judge Speeds Injunction Hearing On Wachovia Deal
• Lead Counsel Named In Insurance Class Action
• Treasury Taps Two Firms For Bailout Work
• Revenue Recognition In Volatile Economic Times
• CFTC Claims Jurisidiction In Amaranth Trader Appeal
• Simpson Thacher Applies To Join Cast Of Lehman Pros
• Citigroup Faces Class Action Over Fannie Offering
• Antitrust Case Against Banco Popular Tossed
• Fund Administrator Off Hook In $550M Fraud Suit
• WaMu To Face FLSA Lawsuit By Underwriters
• Trustee Opposes Disney's Call For Lehman Examiner
• Banks Getting Over Reluctance To Take US Money
• 2008 ARS Fallout: The Last Wave?
• General Re Execs Face Life Behind Bars
• Ex-UBS Exec Gets 6 Years In Insider Trading Case