Hoff v. Popular, Inc. et al

  1. June 28, 2011

    More Banco Popular Shareholders Can't Join Suit: Judge

    A Puerto Rico federal judge on Tuesday denied a class of Popular Inc. shareholders suing the bank leave to intervene in another suit that recently reached a $37.5 million settlement.

  2. June 20, 2011

    Banco Popular Settles Securities Action For $37.5M

    A federal judge on Monday gave preliminary approval to a $37.5 million settlement between Popular Inc. and a class of shareholders in litigation alleging that the Puerto Rican bank deceived investors about the weak financial condition of its U.S. arm.