Banking Archive » November, 2007

Banking - November, 2007

153 articles

• TJX, Visa Ink $41M Settlement Over Security Breach
• House Finance Committee Probes Foreclosures
• HSBC Denies Overvaluing Bonds, Files Counterclaims
• Objections Pile Up To Calpine's Fourth Plan
• Creditors' Claims Against New Century Total $35B
• Bear Stearns Broker Pleads Guilty To Insider Trading
• Judge Refuses to Certify Class in TJX Security Suit
• Merrill Says FLSA Suit Should Be In Arbitration
• New SEC Rule, New Procedures For Banks
• Private Equity Firm Faces Class Actions Over IPO
• Court Limits Evidence In ERISA Suit
• Judge Scolds Dorsey Partners, Decries Civility Decline
• U.S. Agencies Propose New Credit Reporting Rules
• N.Y. Broker Fined $400K For Market Timing Violations
• High Court Throws New Query Into Arbitration Case
• Florida Firm Snaps Up Former Regulator
• WaMu Hit With Suit In People's Choice Bankruptcy
• Famed Attorney Scruggs Scores New Gig As Defendant
• After Restatement, Leap Wireless Hit With Suit
• Mortgage Woes Are Bleeding Over To Law Firms
• NatWest 3 Plead Guilty To Wire Fraud, Will Pay $7.3M
• Top Payment Processor Faces Tying Allegations
• Wachovia Fined For Missing Conflict Disclosures
• NetBank Says Stockholders Will Get Nothing
• Homebanc Wins 4 More Months Of Exclusivity
• Wachovia Broker Fined Over Trades In Gas Merger
• Subprime C-BASS Unit Files For Chapter 11
• SEC's Acceptance Of IFRS: A Significant Step
• BDO Seidman Hit With Overtime Class Action
• UnitedHealth HSA Cards Accused Of Infringement
• Middlegate VP Cleared Of SEC's Charges
• Broker Pleads Not Guilty In TXU Insider-Trading Case
• When Is Assurance Of Future Performance Adequate?
• Trustee Opposes Court Approval Of AHM Loan Sale
• TD Ameritrade Faces 2nd Suit Over Security Breach
• Pillsbury Nabs Milbank Capital Markets Partner
• Merrill's Claims To Remain In Fee Spat With Franklin
• Circuit Affirms Motorola's $1B Award Against Uzans
• Circuit Revives Class Action Against LaSalle Bank
• Lead Plaintiff Named In Optionable Litigation
• Ex-Bear Stearns Trader Settles Insider-Trading Claims
• Scrutiny Of Foreign Acquisitions Under FINSA
• Deutsche Bank Denied Arbitration In Tax Shelter Case
• Countrywide Execs Get Three Years Probation
• Judge Backtracks On Order In Prairie Oil Pact Dispute
• Judge Dismisses Credit Card Late Fee Suit
• As Rivals Go Bankrupt, One Mortgage Co. Avoids Court
• Countrywide Calms Investors' Bankruptcy Fears
• Kanjorski Bill Could Curb Mortgage Market Abuses
• BoNY Opposes Budget In Pacific Lumber Case
• Refco Whittles Away At Remaining Claims
• Judge Orders Auditor To Provide Docs In Winstar Case
• United Rentals Sues Cerberus Over Repudiated Merger
• AHM, Credit Suisse Settle Adversary Proceeding
• Investors Sue Morgan Stanley Over Banned Broker
• Countrywide Consultants Lose Bid For Class Status
• Has The Disturbance To Claims Trading Been Quelled?
• Fund Wants To File Competing Plan In NYRA's Case
• Senators Seek To Ban Patents For Tax Planning
• Refco Secures Final $263M Settlement
• New Indictment Filed In KPMG Tax Shelter Case
• Subprime Lender NovaStar Brings Up B-Word
• Union Labor Life Pays $20M To Settle ERISA Claims
• SEC Proposes Improved Mutual Fund Disclosures
• Fannie Mae Accounting Still Fuzzy: Analysts
• House Approves Mortgage Lending Reform Bill
• Merrill Lynch Will Pay $3M Arbitration Award
• Judge Delays Former Bayou Exec's Sentencing
• Another Mortgage Lender Targeted By FLSA Suit
• Court Says Mortgage Pool Investors Can't Foreclose
• Judge Freezes Mississippi AG Suit Against State Farm
• CFTC Expands Foreign Merchant Exemptions
• CFTC's Sommers Stands Up Against FERC
• JPMorgan Faces $1B Suit For "Derailing" Amaranth
• Trust Objects To Delphi Financing Agreements
• Morgan Stanley's $16M Detente Triggers Protests
• Ex-Bear Stearns Trader To Cop Guilty Plea
• New Century Can't Release Insurer: Employees
• Cornerstone Settles, Enjoined From Trading
• Ex-Bloomberg Employee Joins EEOC's Pregnancy Suit
• Mass. Regulators File Suit Against Bear Stearns
• Subprime Cases May Cost D&O Insurers $3B: Broker
• Solutia Noteholders Lose Fight Over Interest Claim
• Mortgage Lenders Settles With Four States
• Analyst Warns Of E-Trade Bankruptcy Risk
• Banks Settle WARN Act Class Action Over Firings
• Overstock Investor Fights Suit With Fraud Claims
• CFTC Commissioner Condemns SEC Merger
• Court OKs $35M Loan For AHM's Servicing Business
• Fraud Claims Against aaiPharma Auditor Jettisoned
• Calpine Agrees To Lift Of Stay For Geysers Fire Suits
• ING Revenue-Sharing Complaint Dismissed
• Judge Blasts Law Firm For "Unnecessary" Work
• Patent Suit Against Federal Reserve Banks Tossed
• Judge Dismisses Breach Of Contract Suit Vs. MetLife
• Judge Gives Green Light To AHM's Fraud Suit
• Judge Refuses To Stay AHM's Sale, UBS Appeals
• Judge Greenlights Jackson Hewitt Kickback Claims
• Ex-VP Settles SEC's RenRe "Cookie Jar" Suit
• Morgan Stanley Prevails In Title VII Suit
• Calpine Closes $135M Deal With Harbinger
• Cuomo Chided For Fannie, Freddie Subpoenas
• Ex-WestLB Employee Wins $2.54M Jury Verdict
• PAAMco Head Indicted For Stealing $200M
• MasterCard Likely To Strike Deal In AmEx Case
• Court OKs Dura's $425M Exit Financing Agreement
• Merrill Lynch Confirms SEC Subprime Probe
• SEC Settles Short-Selling Case With Offshore Cos.
• Private Equity Firm Must Pay Arbitration Award: Court
• Visa Agrees To Pay $2B To Settle Antitrust Claims
• Judge Tosses AHM's Deferred Compensation Plan
• Arbitration Proceeds Against Ex-UBS Advisers
• Trustee Objects To Mortgage Company's Sales Adviser
• Louisiana AG Hits Insurers With Collusion Claims
• Supreme Court Considers Arbitration Case
• Former Freddie Mac Chief Settles With OFHEO
• Brokers Target Advocate Mortgage Group In FLSA Suit
• Damages Slate Wiped Clean In Graham Co. Case
• Gunning For WaMu, Cuomo Subpoenas Mac And Mae
• CFTC Sums Up Fraud Claims Against Equity Financial
• Panel OKs Mortgage Reform Bill, To Banks' Chagrin
• Citigroup Faces ERISA Suit On Subprime Write-Down
• Hedge Fund Pays $1.2M To Settle Short Selling Claims
• SEC Tosses Part Of NASD Ruling In Muni Bond Case
• FINRA Expels Brokerage Firm For Laundering
• Supreme Court To Tackle Federal Arbitration Act
• FINSA: Improved Transparency, Slower Deal Making
• E-Trade Faces Suit Amid Problems In Mortgage Market
• State Farm Strikes Back At Mississippi AG
• SEC Staff On Executive Compensation Disclosure
• American Home Hits Back At Motion For Stay
• Firm Agrees To Pay $45M To Settle Class Action
• American Home Counsel Wants $1.5M For First Month
• Plaintiffs Say M.L. Stern Trying To Coerce Settlement
• Judge Tosses Claims Against E&Y In Scottish Re Suit
• With CEO Heads Rolling, Lawyers May Be Next
• Insurance Antitrust Defendents Fight For Stay
• New Paul Hastings Lawyer Bridges Europe And China
• SEC Launches Merrill Lynch Probe: Report
• OFHEO Chief Cautions Against Raising GSE Caps
• Appeals Court Remands Fiduciary Duty Case
• Patentable Subject Matter: Reining In The Boundaries
• Bank Fights Inclusion in TJX Action
• Enron Subsidiaries' Claims Unresolved: British Bank
• High Court To Analyze Municipal Bond Issue
• New Criminal Suit Says Ponzi Schemers Lied To SEC
• AHM Hires Firm Over Trustee's Protests, Settles Suit
• First American, WaMu Inflated Home Appraisals: AG
• Judge Reluctantly Allows FERC's Amaranth Action
• M&A Market To Slow Over Next Year: Survey
• Trustee To Mediate Quality Home's Ownership Spat
• Wave Of Subprime Litigation On The Horizon: Experts
• Merrill Lynch Sues Mystery Racist E-Mailer