Litigation

Recent Posts

Tribune Co., Former Employees Reach $32 Million Agreement On ERISA Claims
Posted on 20 Oct 2011 by James Cordrey

CHICAGO - (Mealey's) The Tribune Co., which is in Chapter 11 bankruptcy, announced Oct. 20 that it has reached a $32 million settlement with former employees who had sued the company alleging violations of the Employee Retirement Income Security Act... Read More

Bank Of America To Pay $2.43 Billion To Settle Securities Class Action Lawsuit
Posted on 1 Oct 2012 by Timothy Raub

NEW YORK - In what is being called the largest settlement of a credit-crisis-related securities class action lawsuit, Bank of America Corp. (BoA) has agreed to a $2.43 billion settlement on claims that it and certain of its executive officers and directors... Read More

New York Comptroller Announces $168 Million Settlement With National City Corp.
Posted on 10 Aug 2011 by Timothy Raub

NEW YORK - (Mealey's) The comptroller of the State of New York has reached a $168 million settlement with National City Corp. and certain of its current and former officers and directors, settling claims that the financial holding giant misrepresented... Read More

Final Approval Of $2.4Billion Settlement Granted In Bank Of America Securities Suit
Posted on 8 Apr 2013 by Timothy Raub

NEW YORK - (Mealey's) A federal judge in New York on April 5 granted final approval of a $2.4 billion settlement between shareholders and Bank of America Corp. (BoA) to settle claims that it and certain of its executive officers and directors misrepresented... Read More