LAWSUITS NEWS & LEGAL INFORMATION
Search Results for
Sort by date 297 pages found matching wells fargo- Major Banks Hit by New Round of Foreclosure Lawsuits
Dec-14-11 Boston, MA State officials from Massachusetts have targeted the nation's five largest mortgage servicers with foreclosure lawsuits for allegedly pursuing illegal practices and misleading troubled borrowers, according to the Los Angeles Times . The newspaper reported that in suing, Massachusetts Attorney General Martha Coakley increases the pressure... - Another Bank Overdraft Fees Lawsuit Filed
Oct-25-11 Salt Lake City, UT Customers upset over excessive bank overdraft fees have filed another lawsuit, this one against Zions Bank, alleging excessive bank fees. According to reports, bank customers claim the bank overdraft fees policy forced customers into overdraft more quickly than they should have, resulting in high profits from overdraft fees. The l... - Occupy Wall Street Battleground Isn't a Park - It's a Courtroom
Oct-24-11 New York, NY As the massive Occupy Wall Street movement continues to spread across the globe, many protestors, when questioned, come up short on specifics as to the actual source of their angst. A certain lawsuit? A specific case? A basket of Securities Class Action Lawsuits ? Well, yes. And no. And not really. In truth, many are simply drawn into a mov... - New Wave of DePuy Pinnacle Lawsuits Being Filed across the Country
Jul-14-11 Warsaw, IN While product recalls can affect a significant percentage of the population, the case of the DePuy Pinnacle hip replacement recall has perhaps impacted more than most, according to a recent Wall Street Journal article. The news source reports that approximately 1,000 lawsuits have been filed in state and federal courts over the defectiv... - Kona, HI Police medical marijuana Settlement
A couple from Kona, HI with permits to grow and use medical marijuana has recently received a $30,000 settlement from the county for wrongful arrest. John and Rhonda Robison and houseguest Kealoha Wells were arrested at their home in July, 2002 after showing the police the greenhouse for growing marijuana. John and Rhonda had all the proper permits... - Class-action Lawsuit Filed Against FirstMerit Over Bank Overdraft Fees
Dec-15-10 Akron, OH A recently filed class-action lawsuit accuses Akron, Ohio-based FirstMerit of "unfairly manipulating" the order of customer transactions, which resulted in excessive overdraft fees , the Cleveland Plain-Dealer reports. FirstMerit is the latest bank to face legal issues as a result of the excessive overdraft fees . According to the news... - Massive Securities Fraud and Ponzi Scheme Are Alleged in Florida
Aug-10-10 Hialeah, FL A massive securities fraud that has been described in terms ranging from stock investment fraud to a mushrooming Ponzi scheme has been uncovered in the Sunshine State, according to the August 9th edition of the Miami Herald . Luis Felipe Perez was indicted last week on federal charges, accused of conspiring with two others in a scheme to f... - Relief from Excessive Bank Overdraft Fees Could Be Short-Lived
Jul-10-10 Charlotte, NC As new federal laws governing excessive bank overdraft fees come into effect, banks will attempt to replace lost revenue by charging a variety of other fees, according to the 7/3/10 issue of the San Jose Mercury News. The updated guidelines basically take the surprise out of the equation for the bank customer, although the steep cost... - Attorney Greg Porter Speaks about BP ERISA
Jun-19-10 Washington, DC The repercussions of the massive Gulf of Mexico oil spill on those who worked on the Deepwater Horizon oil rig and those who live on the Gulf of Mexico have been well-documented. One group that has gone largely unnoticed, however, are BP employees who participate in BP's savings and 401(k) plans . Their plans' assets have lost approx... - Companies File Bankruptcy to Resolve Asbestos Claims
Jun-2-10 Wilmington, DE Bondex International and Specialty Products Holding Corp (SPHC), two subsidiaries of the chemical company RPM International Inc., filed for bankruptcy on June 1, 2010, as RPM seeks to resolve thousands of asbestos-related lawsuits in the wake of an $11 million asbestos cancer verdict brought on behalf of Vernon Walker, a mesothelioma pat... - Federal Judge Refuses to Toss out Lawsuits Stemming from Excessive Bank Overdraft Fees
Mar-17-10 Miami, FL Last Thursday a federal judge refused to dismiss lawsuits against several major banks centered on excessive overdraft fees . In his 50-page opinion, Judge Lawrence King declared that Bank of America, Citibank, JPMorgan Chase, US Bank, Wachovia, Wells Fargo and others are not entitled to a dismissal of complaints that seek to recoup hundreds... - Stock Fraud Case Continues to Build after Stockbroker's Death
Dec-25-09 New London, CT A recent case of stockbroker fraud that was thought to have ended with the tragic suicide of the primary suspect in the case has not, in fact, stopped with his death. It was last month that the late New London stockbroker Edwin F. Rachleff was linked to the disappearance of nearly $12 million from the New London Security Federal C... - Auction Rate Securities "Class Action is Dead"
Apr-6-09 Kansas City, MO If you have been waiting for a class action lawsuit to compensate you for money lost in Auction Rate Securities it might be time to consider filing an arbitration. According to Diane Nygaard, founder of the Nygaard Law Firm, it appears that class action lawsuits will not help clients who had money in the auction rate securities market. Un... - Credit Crisis: Wachovia Taken Over by Citigroup
Sep-29-08 New York, NY In yet another result of the credit crisis , the rumored sale of Wachovia to Citigroup has just come to pass only hours ago, further concentrating increased power and influence of the nation's banking industry into just 3 banks. Whether that proves a good, or a bad thing for America is yet to be determined. However, with about 30 percent of... - Stockbroker Arbitration: When Your Stockbroker Stiffs You
Mar-1-08 Marion, OH It might make for good laughs on late-night television, as fans of Late Night with David Letterman on CBS saw Wednesday night with his Top Ten List (Signs You Have a Bad Stockbroker), but stockbroker fraud is no laughing matter—especially when you have your retirement nest egg on the line. Stockbroker arbitration is a means by which... - Retirement Rip-off: Seniors Left Holding the Bag—and it's Empty.
Nov-20-07 New York, NY: Seniors and individuals on fixed incomes relying on a retirement income stream generated by a certain basket of income products could be at tremendous risk of getting ripped off , given the reality that many of these products are tied to the dangerously under-performing mortgage industry. In so doing, banks and brokers are passing the r... - Unreasonable Credit Card Rate Hikes
Apr-2-07 San Bernardino, CA: Customers of major credit card companies are becoming increasingly frustrated with unreasonable company practices that result in high fees, rate hikes, and increased debt for the consumer. Now, some people are starting to take action against the credit card companies. Those actions include activities as widespread as a class acti... - 689 Residents Living Near Porter Ranch File First Wave of Claims Against the State of California for Gas Injection Well Blowout
Apr-18-16 Los Angeles, April 15, 2016 (Press Release): - The massive gas injection well blowout of well SS-25 in the Aliso Canyon Natural Gas Storage Facility operated by SoCalGas created a geyser that lasted over three months. Natural gas, noxious odors, hazardous chemicals, and toxic pollutants rolled down the hillside into Porter Ranch and surrounding areas. The... - Porter Ranch Family “Prisoners in Their Own Home”
Mar-19-16 Porter Ranch, CA: Even though SoCalGas has notified Porter Ranch gas leak victims who were relocated that they have to move back home by the March 17 deadline, Judy Ly and her family don’t believe it’s safe. “I think it’s just a matter of time until another well leaks, and we have risked enough of our health,” says Judy... - Porter Ranch SoCal Gas Leak Declared State of Emergency
Jan-7-16 Los Angeles, CA: A state of emergency has been declared over the massive Porter Ranch SoCal gas leak in California that has been sending methane into the Porter Ranch neighborhood for over two months. On January 6th, the governor of California, Jerry Brown, issued a statement declaring the state of emergency which will “direct further action to...