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Jones v. Corus Bankshares, Inc. et al
Case Number:
1:09-cv-01538
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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June 02, 2011
Corus Execs Reach $10M Deal With Investors
An Illinois federal judge on Thursday signed off on a $10 million settlement to resolve a shareholder class action accusing former directors of bankrupt real estate lender Corus Bankshares Inc. of misrepresenting its finances during the housing crisis.
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May 17, 2011
Corus Execs, Investors Settle Class Action For $10M
Former directors of bankrupt Corus Bankshares Inc. have agreed to pay $10 million to settle a putative shareholder class action in Illinois alleging the real estate lender misrepresented its finances during the housing crisis, according to court papers filed Tuesday.