http://www.law360.com/ Latest articles for organization: Wells Fargo Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/132739 A judge has certified a securities class action accusing circuit board maker Merix Inc. and its officers of misleading investors in connection with a 2004 stock offering, though he has approved a more limited class than the plaintiffs wanted. http://www.law360.com/articles/132739 http://www.law360.com/articles/132479 A simmering feud has led investment managers Coventry Real Estate Advisors LLC to accuse Developers Diversified Realty Corp. in a $500 million lawsuit of breaching its contractual duties and profiting on the properties it managed for the fund at the expense of investors. http://www.law360.com/articles/132479 http://www.law360.com/articles/132428 Panolam Industries Inc., a maker of laminates used for indoor surfacing, has filed for a prepackaged bankruptcy about a month after it announced that it would restructure. http://www.law360.com/articles/132428 http://www.law360.com/articles/132326 Wachovia Corp. and the underwriters and auditor of 30 of the company's public offerings have denounced a consolidated class action alleging they downplayed Wachovia’s parlous subprime exposure when selling some $35 billion bond class securities. http://www.law360.com/articles/132326 http://www.law360.com/articles/132030 Windstream Corp. will acquire rural broadband provider NuVox Inc. for $643 million in a cash-and-stock deal, the companies announced Tuesday. http://www.law360.com/articles/132030 http://www.law360.com/articles/131230 An executive at JPMorgan Chase Bank has said in a sworn statement to a California bankruptcy court that homebuilder Woodside Group LLC violated its credit agreement when it consummated a significant reorganization last year. http://www.law360.com/articles/131230 http://www.law360.com/articles/130759 Technical support workers for Wells Fargo & Co. have secured conditional certification in a wage-and-hour action alleging that the bank violated the Fair Labor Standards Act by misclassifying the employees as exempt from overtime pay. http://www.law360.com/articles/130759 http://www.law360.com/articles/130189 Days after reportedly locking Republicans out of committee meetings to avoid being forced to subpoena lending records from Countrywide Financial, U.S. House of Representatives Oversight Committee chairman Ed Towns, D-N.Y., announced that the committee will issue a subpoena after all. http://www.law360.com/articles/130189 http://www.law360.com/articles/129736 NTK Holdings Inc. — the parent company of heating, ventilation and consumer technology manufacturer Nortek Inc. — has filed for bankruptcy complete with a prepackaged restructuring plan, citing a crushing debt burden and slumping sales due to the collapsed housing market. http://www.law360.com/articles/129736 http://www.law360.com/articles/129765 Unsecured creditors of bankrupt satellite company ProtoStar Ltd. have sued The Bank of New York Mellon and Wells Fargo & Co., alleging they failed to prove that their liens have priority over other claims and seeking to stop them from auctioning off company assets that exist in outer space, an area of legal limbo. http://www.law360.com/articles/129765 http://www.law360.com/articles/129784 M&T Bank Corp. has reached a licensing agreement with DataTreasury Corp., ending the regional bank's involvement in an ongoing patent infringement suit over electronic check-imaging and other banking technology. http://www.law360.com/articles/129784 http://www.law360.com/articles/129501 Credit reporting agency Equifax Inc. acquired wealth and asset research organization IXI Corp. Wednesday in an all-cash deal valued at $124 million, the two companies announced. http://www.law360.com/articles/129501 http://www.law360.com/articles/129400 The plaintiffs in multidistrict legislation that accuses the nation's top banks of bilking consumers with egregious overdraft fees are seeking to add more meat to their allegations. http://www.law360.com/articles/129400 http://www.law360.com/articles/129241 Retirement community development giant Erickson Retirement Communities LLC, which slid into Chapter 11 protection on Monday, plans to sell its assets to investment company Redwood Capital Investments LLC for an undisclosed amount. http://www.law360.com/articles/129241 http://www.law360.com/articles/128974 A putative class of consumers has hit First Data Corp. and the banks in its ATM network with an amended antitrust complaint alleging a conspiracy to fix interchange fees, this time saying consumers can't escape the "supracompetitive" fees by taking their business elsewhere. http://www.law360.com/articles/128974 http://www.law360.com/articles/128757 A federal appeals court has overturned its own precedent in the problematic Winter Storm case, in which it had held that electronic fund transfers processed by an intermediary bank are subject to attachment under the Federal Rules of Civil Procedure. http://www.law360.com/articles/128757 http://www.law360.com/articles/128575 Plains All American Pipeline LP has filed a registration statement with the U.S. Securities and Exchange Commission to sell up to $2 billion in common units and debt securities. http://www.law360.com/articles/128575 http://www.law360.com/articles/128264 A federal judge has granted Wells Fargo & Co.'s request to toss credit card payment processor Elavon Inc.'s tortious interference and punitive damages claims from its breach of contract suit accusing Wells Fargo of causing Wachovia Bank NA to wrongfully terminate its exclusive referral agreement with Elavon during the banks' 2008 merger. http://www.law360.com/articles/128264 http://www.law360.com/articles/128252 Lenders to bankrupt builder Tousa Inc., including Citicorp North America NA and Wells Fargo Bank NA, have been ordered to disgorge $403 million plus interest in a suit brought by Tousa's unsecured creditors committee over secured loans the lenders issued to the builder months before its Chapter 11 filing. http://www.law360.com/articles/128252 http://www.law360.com/articles/128262 Contending that it can provide the best prospects for the Fremont General Corp. to emerge from Chapter 11 protection, investor New World Acquisition LLC has pitched a reorganization plan in the subprime lender’s bankruptcy case, throwing itself into competition with plans already filed by the debtor, unsecured creditors and equity holders. http://www.law360.com/articles/128262