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Hoff v. Popular, Inc. et al
Case Number:
3:09-cv-01428
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bernstein Litowitz
- Del Toro & Santana
- King & Spalding
- O’Neill & Borges
- Pietrantoni Mendez
- Robbins Geller
- Sullivan & Cromwell
Companies
Sectors & Industries:
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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.
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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.