Tag:
Lawsuits
Latest Headlines
Latest Headlines
Moynihan ordered to testify in MBIA case
Grappling with a lawsuit is expensive in terms of dollar costs but also the sheer time involved in participating in them.
Depositions loom for Moynihan
At various points during the financial crisis and subsequent fallout, we have wondered if legal obligations would make it harder for certain CEOs to concentrate on doing their jobs. When the personal...
Banks and states return to the negotiating table today
Are we finally in for a breakthrough in the start-and-stop effort by banks and state AGs to settle claims of widespread mortgage and foreclosure fraud? We've seen a lot of false starts, and the
Fairly or not, lawsuits show outsourcing can boost legal risks
The risks of outsourcing sensitive information have not been lost on security and compliance managers. It remains a critical issue, as the outsourcing imperative continues to heat up. To the list of
Allstate sues Goldman Sachs
Is the legal pile-on just now starting? We're certainly seeing more big investors in MBSs and the derivatives built on those MBSs filing lawsuits against big banks. The latest was Allstate, which has
Skimming fraud at Michaels leads to theft
All security breaches should be taken seriously--both by companies and law enforcement authorities. In many of the recent corporate breaches, information such as customer names and email addresses
Too hot for banking?
A female banker, 27, has written this to a Financial Times columnist: "I know that you will think this problem is mad, but I fear I'm too good looking for corporate life. As a student I used my looks
IRS files lien against Goldman Sachs partnership
Goldman Sachs Mitsui Marine Derivative Products--a partnership Goldman set up to trade derivatives as part of deals with various municipal entities--has been hit with a tax lien worth $1.5 million by
How much liability will Bank of America face due to putbacks?
One cloud over Bank of America ( NYSE: BAC ) is the extent to which it will face a tsunami of putback requests. It's unclear how private investors will act, but a lot of people expect the likes of
LPS generates inquiries, lawsuits in foreclosure fiasco
We've noted there are a lot of problems surrounding MERS , which was once seen as an entity that could provide great efficiencies to the lending and mortgage servicing industry. That is, until the
