First Union Bank settles record-setting age-bias case
- Hearing set to determine trial date for age-bias suit against First Union. Seiberg, Jaret // American Banker;8/15/1997, Vol. 162 Issue 157, p2
Reports on the scheduling of a court hearing to set a trial date for the age discrimination suit filed against First Union Corp. by its former employees. Expected date of the trial; Background of the case.
- First Union misused data to get bank, suit claims. Racine, John // American Banker;6/30/1994, Vol. 159 Issue 125, p1
Reports on Southeast Banking Corp. lawyers' charges that First Union Corp. misused information to push federal regulators to seize the former and sell it to First Union. Violation of a confidentiality agreement; Pressure on regulators at issue; Bailout discussions; Clandestine meetings between...
- First Union paying $26.1M to settle class action on collateral protection insurance. Cline, Kenneth // American Banker;9/3/1996, Vol. 161 Issue 168, p4
Reports on the settlement of a class action suit filed against First Union Corp. in Florida for $26.1 million in collateral protection insurance litigation. Terms of the settlement; Background on the class action suit; First Union's comment on the case.
- Fallout from mergers may include age, race bias suits. Henry, Shannon // American Banker;5/19/1994, Vol. 159 Issue 96, p9
Reports on the lawsuit filed against First Union Corp. for age and race discrimination. 123 fired employees of First Union; Selective termination of old and black employees of the company; Violations against civil rights laws, federal age discrimination act and District of Columbia Human Rights...
- Shareholders Sue First Union Over Flawed Earnings Predictions. Weil, Dan // American Banker;6/24/1999, Vol. 164 Issue 120, p4
Reports on a lawsuit filed by shareholders against First Union Corp. for allegedly making false and misleading statements about earnings and the takeover of MoneyStore Inc. and CoreStates Financial Corp. First Union's reduction of its profit forecast in May 1999; Decline in the company's stock...
- First Union sued in Florida over $1 noncustomer check-cashing fee. Gillam, Carey // American Banker;7/1/1998, Vol. 163 Issue 124, p4
Focuses on a lawsuit filed against First Union Corporation in a Miami, Florida federal court. Reason for this lawsuit; Details on First Union's violations of state and federal banking laws; Claims made by plaintiff Stephen Stefiuk; Comments made by Gerald Richman, the plaintiff's attorney.
- Suit Against First Union Calls Practices Deceptive. Reilly, Patrick // American Banker;3/8/2001, Vol. 166 Issue 46, p2
Reports on a lawsuit against First Union Corp. and its home equity unit on behalf of a couple in Sea Girt, New Jersey in March 2001. Allegations that the company misled consumers and used improper collection practices; Plaintiffs' claim that the company failed to provide them with billing...
- Judge fines FA, First Union in Broward case. Whalen, Robert // Bond Buyer;12/21/99, Vol. 330 Issue 30792, p4
Reports on sanctions and modest fines slapped on First Union Corp. and Teressa Cawley for securities law violations stemming from three Broward County, Florida refundings in the early 1990s. Details of the lawsuit filed by the United States Securities and Exchange Commission.
- Ex-Money Store Workers to Get $4M. // National Mortgage News;09/25/2000, Vol. 25 Issue 1, p39
Reports on the settlement of the class action suit filed by former Money Store Inc. employees in Sacramento, California, against the company and owner First Union Corp.