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Birmingham Employees' Retirement System, City of et al v. Comerica Incorporated
Case Number:
2:09-cv-13201
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Dechert LLP
- Glancy Prongay
- Matthew G. Miller PC
- Mayer Brown
- Novara Tesija
- Schenk & Bruetsch
- Sullivan Ward
- Taft Stettinius
Companies
Sectors & Industries:
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October 01, 2013
Comerica Will Pay $11M To End Investors' Sigma Action
Comerica Bank has agreed to pay $11 million to settle a class action alleging the bank failed to pull investors' money from Sigma Finance Corp. before the structured investment vehicle collapsed in 2008, according to a motion filed Friday in Michigan federal court.
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September 26, 2013
Class Cert. Granted In Comerica Suit Over Sigma Losses
A Michigan federal judge on Thursday granted class certification in a lawsuit alleging that Comerica Bank failed to pull out its clients' money from Sigma Finance Corp. before the $27 billion structured investment vehicle collapsed in 2008.