Class action on fund company market timing to proceed
An Ontario appeal court has rejected a bid from a couple of fund companies to dismiss a class action suit against them, stemming from the market timing scandal.
Northwestern Mutual to Recruit More Than 5,000 Financial Professionals in 2012
MILWAUKEE, Feb. 1, 2012 /PRNewswire/ -- In lockstep with more Americans seeking advice and taking action to plan for financial security in retirement[i], Northwestern Mutual is embarking on the company's ...
Shareholder Arbitration Requirement, IRS-Mutual Funds, Finra: Compliance
Carlyle Group (CG) LP’s plan to protect itself from class-action lawsuits may set a precedent that undermines shareholder rights and encourages more companies to follow suit, lawyers, investors and government officials said.
Class Action Lawsuit Alleges JP Morgan Engaged in Systematic Document Fabrication to Move Mortgage Losses from Its ...
To our knowledge, the suit filed by Ernest Michael Bakenie against JP Morgan is the first to accuse a major bank of widespread, systematic residential mortgage documentation and fraud. I don't have a copy of the filing and am relying on the summary in Courtroom News Service (hat tip Jesse via reader Scott) but it is a doozy. (The case is described as a class action, but has yet to obtain class ...
Costa Concordia passengers join class action suit vs Costa Crociere
MILAN - Passengers of the doomed Costa Concordia launched a legal battle for compensation Tuesday, but experts expect the cruise operator to offer a settlement to stave off a court case. In Italy, consumer rights' association Codacons said 70 passengers have joined a class action suit against the shipowner Costa Crociere.
Chase reaches settlement, to pay $110 million in overdraft-fee case
JPMorgan Chase has reached an agreement to pay $110 million to settle litigation saying it gouged customers on overdraft fees for checking accounts, court records show.
JPMorgan to Pay $110 Million in Overdraft Fee Case
After numerous customers accused JPMorgan Chase of gouging them on debit-card transactions in checking accounts, the bank had sought to make them arbitrate claims
JPMorgan Chase to settle overdraft-fee lawsuit
JPMorgan Chase, the biggest U.S. bank by assets, reached a preliminary agreement to pay $110 million to settle litigation saying it gouged customers on overdraft fees for checking accounts, court records show. The... Presented By: Chicago Booth Business Forecast Ads by Pheedo
NAMI Mercer to offer free mental illness recovery programs
NAMI Mercer, NJ, based in Lawrenceville, is a nonprofit organization dedicated to improving the lives of people affected by mental illness through education, mutual support, and advocacy.