Heartland Misses Deadline for Class Action Response
- When Class Actions Happen to Good Companies. // Corporate Legal Times;Aug2001, Vol. 11 Issue 117, p15
Informs on the major findings of the PricewaterhouseCoopers '2000 Securities Litigation Study,' focused on securities class-action litigation in the United States. Common characteristics of companies most likely to be sued; Emphasis on accounting irregularities.
- Investors in housing bond deal sue four Minnesota towns for alleged fraud. Shields, Yvette // Bond Buyer;07/10/98, Vol. 325 Issue 30432, p5
Reports that investors who purchased bonds issued by the Northwest Minnesota Multi-County Housing and Redevelopment Authority in 1995 have filed a class action lawsuit against several Minnesota towns for alleged fraud. Case background; Details of the bond issue.
- Federal Securities Class-Action Filings Decline. Ladd, Scott // Financial Executive;Oct2010, Vol. 26 Issue 8, p14
The article discusses findings of a study by PricewaterhouseCoopers LLP which revealed that the number of U.S. federal class action filings in securities declined during the second quarter of 2010.
- Pricewaterhouse Coopers Settles With Heartland Muni Investors. Fine, Jacob // Bond Buyer;1/4/2006, Vol. 355 Issue 32291, p24
The article reports that PricewaterhouseCoopers LLP has agreed to an $8.25 million settlement with shareholders of two former Heartland Group Inc. high-yield municipal bond mutual funds for its role as auditor in the collapse of the funds in 2000. The settlement would raise the amount of damages...
- L.A. Issuers Line Up Against City's DWP in Suit Accusing Utility of Overcharging. Finestone, Deborah // Bond Buyer;4/4/2002, Vol. 339 Issue 31538, p3
Reports that several municipalities are joining a lawsuit against the nation's largest public utility for damages in Los Angeles, California. Amount of the damages claim; Allegations on overcharging for electricity; Intervention of the action.
- Medicaid suits won't hurt tobacco debt, analysts say. Hoffman, David // Bond Buyer;01/28/2000, Vol. 331 Issue 30817, p4
Reports that class action lawsuits filed on behalf of Medicaid patients in eight states, will not affect how rating agencies view tobacco-settlement-backed bonds. Provisions under the federal Medicaid act; States' additional arguments in their case against the tobacco companies; Standard &...
- PwC Settles For $19.2 Million. // Public Accounting Report;3/31/2005, Vol. 29 Issue 6, p4
The article reports on an agreement reached by PricewaterhouseCoopers LLP (PwC) with Safety-Kleen Corp. bondholders in March 2005 to settle the former's part of a class-action lawsuit filed by the latter. It cites a reason behind the decision of PwC to settle with the bondholders. The background...
- PwC Settles With Shunned Hires. // Public Accounting Report;8/31/2003, Vol. 27 Issue 16, p3
Reports on the settlement in 2003 of the class action lawsuit filed by Megan Secrest against PricewaterhouseCoopers in the District of Columbia Superior Court in September 2002. Allegations against the company; Motive of Secrest for filing the lawsuit.
- Plaintiffs file amended class action lawsuit against Doral Financial. Oliver-Mendez, Ken // Caribbean Business;7/27/2006, Vol. 34 Issue 29, p10
The article reports on the filing of an amended consolidated lawsuit against Doral Financial Corp., alleging false and misleading financial reporting and corresponding damages incurred between 2000 and 2005. A detailed chronology of statements and actions by Doral is brought forth by the amended...