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Parmelee v. Santander Consumer USA Holdings Inc et al

  1. June 04, 2019

    Lead Attys In Santander Investor Case Secure $3.1M In Fees

    A Texas federal judge awarded $3.1 million in attorney fees to lead counsel Glancy Prongay & Murray LLP, The Rosen Law Firm PA and other counsel that helped lock down a $9.5 million settlement in a proposed shareholders class action against the vehicle financing unit of Santander Bank.

  2. December 06, 2018

    Investor Attys In Santander Accounting Row Deal Seek $3.2M

    Glancy Prongay & Murray LLP, The Rosen Law Firm PA and other counsel for investors seeking final approval of a $9.5 million settlement with the vehicle financing unit of Santander Bank asked a Texas federal judge for exactly one-third of the settlement fund — a little over $3.16 million — in attorneys' fees.

  3. July 17, 2018

    Santander Investors Reach $9.5M Deal In Accounting Row

    A vehicle financing unit of Santander Bank has agreed to a $9.5 million settlement with investors ending allegations it flouted accounting regulations and kept its stock trading at artificially inflated levels, according to documents filed in Texas federal court on Monday.

  4. February 01, 2018

    Santander Unit Wants Rethink On Bid To Toss Investor Suit

    A Santander Group vehicle financing unit on Wednesday sought a second look at its bid to toss an investor suit alleging the company's stock price was inflated through accounting fraud, telling a Texas federal judge that his previous decision to largely spare the suit was based in part on allegations that weren't pled in the investors' complaint.

  5. January 04, 2018

    Santander Unit Must Face Investor Suit Over Accounting

    Santander Consumer USA Holdings Inc. and several of its current and former executives must face a proposed class action accusing them of inflating the consumer finance lender's stock price by fraudulently overstating its net income, a Texas federal judge ruled on Wednesday.