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Sort by date 1,824 pages found matching bank of america- California Labor Law FAQ
I was hired "at will". Does that mean my boss can fire me without just cause? Most employees in California are "at-will". According to the California labor law an employee can be suspended or fired at any time for any legal reason. There are exceptions to this law, however, including union workers who have a contract that prohibits firing a worker... - California Labor Lawsuit News & California Employment Legal Help
California labor laws are put in place to protect you. The California labor employment law and the California prevailing wage law ensures that your employer does not violate wage and hour issues. Although California boasts some of the strictest state labor laws in the country with stiff penalties for violations, California labor lawsuits are on the rise: The... - Financial Elder Abuse "Despicable"
Dec-28-08 Apple Valley, CA Linda F suspected for a while that her father was a victim of financial elder abuse. Unfortunately, she couldn't get her father to see what was going on. Like so many parents who are victims of financial abuse at the hands of a child, Linda's father did not want to believe his daughter, Linda's sister, could treat him so poorly. But she... - Variable Annuities Not For Everybody
Nov-9-08 Passaic, NJ If you've purchased variable annuities, you need to ask yourself whether or not you actually need them. As it turns out, not many people benefit from investing in variable annuities. In fact, according to a study conducted a few years ago by Charles Schwab, only long-term investors that are in high tax brackets and have already filled every... - The Fall of the House of (Credit) Cards in the Subprime Meltdown
Oct-15-08 Washington, DC The subprime mortgage meltdown that served as the catalyst for the global credit crisis was akin to a house of cards. Check that, a skyscraper of cards—built by greedy investors who took leave of their senses and ignored the early warning signs of a subprime meltdown. And here we were so worried about the Y2K computer meltdown in 2000 th... - Securities America Inc. Brokerage Fraud Settlement
Washington - The National Association of Securities Dealers filed charges against the brokerage firm Securities America Inc. on behalf of a group of Exxon Mobil Corp. retirees alleging broker fraud. Securities America allegedly failed to supervise a broker who promised unrealistically high investment returns. The case charged the broker, David McFadden,... - DirecTV Cancellation Fees: "A Big Mess"
Apr-26-08 Stanton MI Elizabeth M. is upset that DirecTV charged her an early termination fee, especially since she only had DirecTV service for two days. She says that even customer service reps for the company told her she shouldn't have been charged the fee. But what made the situation worse was that DirecTV took the money directly out of her bank account withou... - Everybody Watching Wachovia: Another ERISA Concern?
Apr-14-08 Charlotte, NC Investors, and current and former employees holding Wachovia retirement savings plans and 401(k) plans (Plan) will not be happy with the news this morning that the 4th largest bank in the country has posted a huge loss for the first quarter, and is attempting to raise $7 billion in capital. The anger amongst investors and savers would ce... - Attorney Louis Sokolov on Canadian Wage and Hour Class Actions
Mar-31-08 Toronto, ON Louis Sokolov is a partner in Sack Goldblatt Mitchell LLP (SGM) of Toronto, one of Canada's leading labor law, civil litigation, and criminal law firms. A graduate of the University of Toronto and the Osgoode Hall Law School of York University, he is currently involved in major class actions against the Canadian Imperial Bank of Commerce (CIB... - Long Term Disability Insurers: Quick to Collect, Slow to Pay
May-17-16 Marshall, TX: A Long term denied disability lawsuit that is so fresh it’s still warm from the oven was filed May 4 in US District Court, Marshall Division for the Eastern District of Texas, while a separate bad faith insurance claim proves the value of involving legal counsel when push comes to shove against a filibustering life insurance company... - Monetary Misdeeds Alleged Against Morgan Keegan
Feb-20-08 Memphis, TN: Morgan Keegan stands allegedly accused of monetary misdeeds towards investors who placed money into the Regions Morgan Keegan mutual funds (RMK). Losses for this action are alleged to be ranging up into the millions. However, this alleged misappropriation of funds isn't only affecting investors. It is hitting closer to home by allegedly affe... - Retirement Fund Meltdown: Hint of Sub-Prime Mess in 2004
Dec-20-07 Iowa City, IA Keeping your money in a mattress does not a good investment make—but it suggests an element of safety and security that is often missing these days from certain retirement funds and products that carry increased investment risk . Mortgage-backed securities and other products, are proving the spoiler. With the normal flow of i... - Texas Sues Griddy Energy for Deceptive Advertising
Mar-12-21 Houston, TX On March 1, the State of Texas filed a lawsuit in Texas state court, alleging that Griddy Energy LLC misled energy consumers in violation of the Texas Deceptive Trade Practices—Consumer Protection Act (DTPA). In the aftermath of the massive February winter storm, Griddy customers found themselves with the astronomical electr... - California Labor Law: One employee cites three Violations
Dec-12-07 San Francisco, CA Brenda Cain worked the nightshift at a bank for eight years. For the first five years she and her co-workers didn't get a lunch break—ever. "We could have breaks, long enough to smoke a cigarette but then we had to get back to our desks because they had deadlines to meet," says Cain (not her real name). It is unbelievable that the b... - Illinois Plaintiff Sues Insurance Carrier Over Denial of Benefits
Feb-21-16 Benton, IL: A Long term denied disability lawsuit has been filed in the Southern District of Illinois by a woman who claims her LTD provider abruptly stopped her long-term disability benefits without just cause. The plaintiff in the Wrongly Denied Disability Claims lawsuit is Kathy L. Moore. According to the Madison County Record (2/3/16), Moore h... - Settlement Reached in JP Morgan Chase HELOC Class Action Lawsuit
New York, NY: A nationwide settlement has been reached in a class action lawsuit claiming that JPMorgan Chase Bank, N.A. ("Chase") improperly suspended or reduced home equity lines of credit (HELOCs) based on its determination that the properties securing the HELOCs significantly declined in value. Entitled In Re: JP Morgan Chase Bank Home Equ... - $161.7M Settlement Reached with Six Banks in Veterans Home Refinancing Class Action Lawsuit
Atlanta, GA: A settlement has been reached in a whistleblower class action lawsuit brought against six large banks who are accused of charging military veterans with hidden fees on home refinancing loans. The out-of-court settlement, reached November 19 in federal court, allows for a fund of $161.7 million to be paid by the six banks to the class... - California Overtime: To Be or Not To Be Exempt
Jun-18-07 Los Angeles, CA "I've been employed as an IT developer at a bank for 19 years," says Andrew. "During those years, and in response to California law, most of our titles were changed so we would be exempt," he says. The way Andrew sees it, and increasingly, the way California overtime law sees it, Andrew and his co-workers are owed a whole lot of unpaid ov... - Consumer Lawyer Dee Miles explains Annuities and Allianz
May-8-07 Montgomery, AL: A lawsuit was recently filed against Allianz Insurance Company , alleging it sold annuities to seniors without telling them they may not have access to their savings for up to15 years. This constitutes elder abuse as well as fraud. How can this happen to our senior citizens? LawyersandSettlements.com interviews consumer lawyer Dee Miles. ... - Citigroup Agrees $590M Securities Lawsuit Settlement
New York, NY: Citigroup has agreed a securities class action settlement involving a $590 million payout to shareholders who alleged they had been misled about the bank's exposure to subprime mortgage debt before the financial crisis. Filed in November 2007, the lawsuit contends that Citigroup together with some of its former senior executives and d...