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Plumbers and Steamfitters Local 137 Pension Fund v. American Express Company et al
Case Number:
1:15-cv-05999
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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October 03, 2017
Judge Shuts Door On AmEx Investors' Suit But Opens Window
A New York federal judge has dismissed a proposed class action by American Express Co. shareholders who say that the company hid the importance of its co-branding agreement with Costco Wholesale Corp. and wasn't upfront about the chances it would lapse, but the investors will get a second chance.
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July 30, 2015
AmEx Faces Investor Suit Over Loss Of Costco Partnership
American Express Co. investors hit the credit card company with a proposed class action in New York federal court Thursday over its failure to renew a co-branding agreement with Costco Wholesale Corp., with a pension fund accusing the company of hiding the financial importance of the partnership.