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In re Synchrony Financial Securities Litigation
Case Number:
3:18-cv-01818
Court:
Nature of Suit:
Multi Party Litigation:
Class Action, Derivative Litigation
Judge:
Firms
- A&O Shearman
- Bernstein Litowitz
- Cleary Gottlieb
- Diserio Martin
- Faxon Law Group
- Finn Dixon
- Freshfields
- Motley Rice
- Pullman & Comley
- Rogin Nassau
Companies
- Barclays PLC
- Blaylock Van LLC
- CastleOak Securities LP
- KBC Group NV
- Mizuho Securities Co. Ltd.
- Morgan Stanley
- Retail Wholesale & Department Store Union
- RWDSU Local 338
- Synchrony Financial
- TD Securities Inc.
Sectors & Industries:
-
April 13, 2023
Synchrony Investors Get Initial OK For $34M Settlement
A Connecticut federal judge granted initial approval to a $34 million settlement in an investor class action against retail credit card provider Synchrony Financial over lending practices that allegedly led to the end of its relationship with Walmart.
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April 10, 2023
Synchrony Inks $34M Deal With Investors Over Walmart Exit
Synchrony Financial has reached a $34 million settlement in a long-running investor class action against the credit card provider over practices said to have led to the end of its relationship with Walmart, according to a Friday court filing in Connecticut federal court.
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February 03, 2023
Synchrony Investors Nab Cert. In Suit Over Walmart Exit
Investors in Synchrony Financial have secured class certification in a suit over underwriting practices that allegedly led to the end of its relationship with Walmart, after a trimmed version of the suit was revived by the Second Circuit.
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February 14, 2022
On Remand, Synchrony Can't Escape Investors' Amended Suit
A Connecticut federal judge has denied Synchrony Financial's bid to toss the remaining claims in a proposed class action against the credit card provider over practices said to have led to the end of its relationship with Walmart, after the Second Circuit partially revived the case.
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March 31, 2020
Synchrony Wins Toss Of Investor Suit Over Walmart Exit
Synchrony Financial won a permanent end Tuesday to an investor suit over underwriting practices that allegedly resulted in the termination of its long-standing relationship with Walmart after a Connecticut federal judge ruled that the shareholders hadn't shown that the credit card provider had misled them.
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August 22, 2019
Synchrony Investors Fight Bid To Toss Suit Over Walmart Exit
Synchrony Financial investors urged a Connecticut federal court Wednesday to keep alive their suit against the credit card provider over underwriting practices that allegedly resulted in the termination of its long-standing relationship with Walmart, telling the judge that their complaint was specific and well-pled.
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June 27, 2019
Synchrony Financial Tries To Duck Suit Over Walmart Fallout
Retail credit card provider Synchrony Financial urged a Connecticut federal court to toss a proposed class action questioning the company's underwriting practices that led to the end of Synchrony's 20-year relationship with Walmart, arguing that its investors were "fictionalizing" instances of securities fraud.