Crown Cork & Seal Co, et al v. Credit Suisse First, et al

  1. April 09, 2013

    Nat'l Century Investors Drop $3B Fraud Suits Against Ex-CEO

    National Century Financial Enterprises Inc. bondholders on Monday dropped their litigation against co-founder and former CEO Lance Poulsen over the health care finance company's nearly $3 billion securities fraud scheme, saying in light of his presumed insolvency, pursuing the cases against him isn't worth it.

  2. March 14, 2013

    Credit Suisse To Pay $400M To End Nat'l Century Fraud Suits

    Credit Suisse Group AG on Thursday agreed to pay $400 million to settle multidistrict and other litigation brought by National Century Financial Enterprises Inc. bondholders, ending claims over its alleged role in the bankrupt health care finance company's $3 billion fraud scheme.

  3. February 08, 2013

    Ex-CEO Poulsen Can't Escape $3B Nat'l Century Fraud Suit

    A New York federal judge on Friday refused to dismiss investors' claims against National Century Financial Enterprises Inc. co-founder and former CEO Lance Poulsen over the health care finance company's nearly $3 billion securities fraud scheme, saying the plaintiffs had standing to bring their claims.

  4. January 31, 2013

    Credit Suisse Can't Boot Poulsen From Nat'l Century Trial

    A New York federal court on Wednesday declined a bid by Credit Suisse Group Inc. to sever National Century Financial Enterprises Inc. co-founder Lance Poulsen from an upcoming civil trial over the health care company's alleged $3 billion fraud scheme.

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