TITLE

Investors get chance to comment

AUTHOR(S)
Edwards, John G.
PUB. DATE
December 2008
SOURCE
Las Vegas Business Press (10712186);12/29/2008, Vol. 25 Issue 52, pP15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on issues arising from the settlement agreement between OneCap Mortgage and its investors in Las Vegas, Nevada in 2008. It is inferred that the investors complained that the agreement has minimal effect to solve their problems with allegedly mishandled loans secured by real estate. The investors argues on the failure of Attorney General Catherine Cortz Masto to prosecute OneCap employees and executives. It is cited that OneCap utilized investor money to make unsecured loans although it is not licensed to do so.
ACCESSION #
36293314

 

Related Articles

  • Structured products: Should you surrender your structured product? Lowes, Ian // Fundweb;7/8/2015, p1 

    The article discusses whether investors should surrender their structured products. Topics covered include how surrender prices are determined and how investors assess whether it is viable to sell out early and how it is ultimately determined by the issuing bank, the next possible maturity date,...

  • Keep it simple. Rae, Glen; Pinedo, Anna // Venulex Legal Summaries;2013 Q1, p46 

    The article discusses the growing interest of regulators on structured products in the U.S. Regulators are concerned over the failure of many investors who purchase structured products to fully understand their risk profiles or their costs relative to benefits. European initiatives aimed at...

  • TECHNOLOGY. Simons, Andrew // Orange County Business Journal;7/25/2005, Vol. 28 Issue 30, p8 

    Reports business developments in California. Investors of Cherokee International Corp.; Agreement of Western Digital Corp. to settle a patent infringement suit with Papst Licensing GMBH & Co.; Plans of Ingram Micro Inc. to buy Avad LLC in a bid to tap the home electronics market.

  • Investors May Get Piece of $28M Heritage Settlement in January. Shields, Yvette // Bond Buyer;11/28/2005, Vol. 354 Issue 32266, p35 

    The article reports that investors who submitted claims tied to their holdings of the Heritage Healthcare's tax-exempt bonds could receive a 28 million dollars global settlement in January 2006 in Chicago, Illinois. Attorney Brian Barry, the lawyer working on a federal class action lawsuit,...

  • Payback Time. Barney, Lee // Money Management Executive;3/31/2008, Vol. 16 Issue 13, p4 

    The author reflects on the $5 billion that then New York attorney general (AG) Eliot Spitzer has gathered from mutual fund companies in the state. She discusses the reasons that lead sanctioned companies to pay the settlements designed by Spitzer and the issues that prevent the firms to get the...

  • Investors face long odds in latest Conseco class action. Andrews, Greg // Indianapolis Business Journal;9/26/2005, Vol. 26 Issue 29, p4A 

    Focuses on the agreement of attorneys to settle securities-fraud class action against Conseco Inc. in Indianapolis, Indiana. Dismissal of the case by a federal judge on behalf of investors who held the company stock during fraud; Opportunities granted to the attorneys to rework and refile their...

  • Fund shareholders will get some money back. Wollenberg, Yvonne Chilik // Medical Economics;8/20/2004, Vol. 81 Issue 16, p9 

    Focuses on the settlement agreement reached between mutual fund companies charged with market timing abuses and the U.S. Securities and Exchange Commission and the New York State Attorney. Restitution to investors in the mutual fund companies; Reduction in management fees; Distribution of...

  • Investors miss out on malfeasance payouts.  // MEED: Middle East Economic Digest;9/29/2006, Vol. 50 Issue 39, p35 

    The article reports on the failure of investors to claim malfeasance payouts in 80% of U.S. settlements in the Middle East. According to Institutional Protection Services, investors from the region have $100 billion invested in U.S. equities. Obstacles to Middle East investors receiving their...

  • Harvey, Ill. Settles SEC Charges. Glazier, Kyle // Bondbuyer.com;12/5/2014, p23 

    The article reports the move by the city of Harvey in Illinois in early December 2014 to settle the charges filed by the U.S. Securities and Exchange Commission (SEC) alleging that it misled bond investors when it diverted proceeds away from projects they were intended for. The projects cited...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics