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In re R&G Financial Corporation Securities LItigation
Case Number:
1:05-cv-04186
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Barrack Rodos
- Bernstein Litowitz
- Brodsky Smith
- Fried Frank
- Kessler Topaz
- Milbank LLP
- Robbins Geller
- Stull Stull
- Sullivan & Cromwell
Companies
Sectors & Industries:
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July 02, 2008
PwC To Pay $12M To Settle Class Action
PricewaterhouseCoopers LLP has agreed to pay $12 million to bring an end to allegations that it failed to identify a series of accounting improprieties at financial holding company R&G Financial Corp.
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March 04, 2008
R&G Financial Settles Suits Over Mortgage Sales
A Puerto Rico-based financial holding company said Monday that it has agreed to pay about $29 million to settle a shareholder class action alleging that the company and some of its senior officers engaged in “egregious accounting fraud.”