Minnesota Judge Weighs Facts in Defaulted Housing Bond Case
- Buyers beware, says judge in ruling on default of West Virginia pulp plant. McEntee, Christopher // Bond Buyer;11/30/98, Vol. 326 Issue 30529, p1
Reports that a West Virginia judge has dismissed a civil suit filed by 15 tax-free mutual funds against the underwriters and backers of a West Virginia deinking plant whose bonds defaulted. Defendants include PaineWebber Inc. and Kidder Peabody & Co.; Impact on how tax-exempt bondholders...
- Institutional Investors Hound Morgan Over Executive Pay. // U.S. Banker;Sep2005, Vol. 115 Issue 9, p18
Focuses on the lawsuit filed by the Central Laborers' Pension Fund against Morgan Stanley & Co. Inc., for negligence in its handling of a lawsuit by financier Ronald Perelman, at the U.S. District Court in Manhattan, New York. Facts of the case; Contention of the plaintiff; Merits of the case.
- Thin end of the hedge. Morgan, Nicolas; Weiner, Perrie // Lawyer;1/21/2008, Vol. 22 Issue 3, p37
The article reports on the court dismissal on U.S. Securities and Exchange Commission's (SEC) allegations of hedge fund fraud in the U.S. The hedge fund industry was relieved after a district court judge dismissed for the second time SEC's attempt to outlaw certain hedging activity. The case was...
- Invesco Facing Further Fraud Charges. Burke, Kevin // Money Management Executive;7/19/2004, Vol. 12 Issue 28, p1
Things went from bad to worse for Invesco Funds Group Inc. as federal securities regulators announced plans to increase the number of individuals facing civil fraud charges. The U.S. Securities and Exchange Commission last week filed a motion with a District Court in Denver saying it plans to...
- Edward Jones Pays $127M In Revenue-Sharing Suits. // Money Management Executive;9/11/2006, Vol. 14 Issue 34, p2
The article reports on the settlement reached by Edward D. Jones on nine class-action lawsuits for not telling investors it accepted revenue-sharing payments from mutual fund companies to promote their funds. The settlement, which amounts to $127 million both in cash and vouchers, must still be...
- District Court Orders Market Turner to Pay $500k. // Money Management Executive;9/10/2007, Vol. 15 Issue 34, p6
The article reports on the demand of the U.S. District Court for the Northern District of Illinois to John M. Fife, a principal of Chicago-based hedge fund Clarion Management to pay an amount of more than $500, 000 for the alleged unlawful market-timing trades in 2002 and 2003. Likewise, the...
- H&R Block Faces Suits Regarding Express IRA. // Money Management Executive;8/13/2007, Vol. 15 Issue 32, p4
The article discusses the lawsuit faced by H & R Block Inc. in the Missouri federal court over the sales practice of their Express IRA product. The complainant claimed that as early as 2002 the company had already knew that their fund's returns were below the market and their account fees took...
- COURT DOCKETS. // BusinessWest;7/4/2011, p60
The article lists the lawsuits involving area businesses and organizations in Western Massachusetts in several courts including the Hampden Superior Court, the Northampton District Court, and the Palmer District Court.
- COURT DOCKETS. // BusinessWest;4/9/2012, Vol. 27 Issue 24, p67
The article lists the recent lawsuits and courts in which they will be heard in April 2012 which includes Northampton District Court, James Connif vs. Andrew B. Chertoff M.D. and Hampshire Superior Court.