A group of hedge funds have reached a $20 million settlement with the former executives and board members of defunct CertusBank. Read more
The proposed settlement, filed in federal district court in Manhattan, requires approval from U.S. District Judge Deborah A. Batts. Read more
Wells Fargo & Co. has agreed to settle class-action lawsuits filed by various municipalities alleging bid-rigging by Wachovia’s municipal derivatives group. Wells Fargo, which acquired... Read more
Wells Fargo has agreed to pay $24 million to end an investigation by eight states investigating whether the company made risky mortgages to consumers without disclosing their perils. The sta... Read more
Since Wachovia purchased SouthTrust Bank, many Alabama citizens are very much aware of what has happened to Wachovia since that time. In fact, many Alabamians have a shareholder interest in... Read more
The subprime mortgage collapse has already triggered a wave of class actions by shareholders who allege that Fannie Mae, Freddie Mac and underwriters hid the true financial health of the two... Read more
Wachovia Corp., which is being bought by Wells Fargo & Co., has agreed to pay $200 million to settle lawsuits claiming it profited by ignoring fraudulent telemarketers who used the bank... Read more
Folks in Alabama are asking what the Center for Individual Freedom (CFIF) is. They are also asking why are they interested in the Alabama Supreme Court race this year. For the uninformed amo... Read more
Another bank, Wachovia Corp., will buy back nearly $9 billion in auction-rate debt to settle complaints that it misled investors. In the settlement, Wachovia, the fourth-largest U.S. bank, a... Read more
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