Commonwealth To Pay $11M To Settle LandAmerica Ponzi Suit
By Zach Winnick ( July 5, 2012, 9:23 PM EDT) -- A California federal judge on Thursday preliminarily approved an $11 million class settlement of claims that Commonwealth Land Title Co. and others defrauded nearly 400 investors by helping now-bankrupt LandAmerica Financial Group Inc. orchestrate a Ponzi scheme that cost the investors $191 million....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.