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BoNY Mellon sued for $2bn over forex deals
The action marked the third lawsuit this year filed by a state legal officer against the bank. In August, Florida and Virginia sued the company for allegedly wrongfully overcharging their local pension funds on foreign-exchange trades.
Updated: 10/04/2011 07:34P
NY sues BNY Mellon over forex claims
(Reuters) - New York's attorney general said on Tuesday he filed a lawsuit against Bank of New York Mellon (BK.N) for defrauding clients in foreign currency exchange transactions. New York Attorney General Eric Schneiderman said BNY Mellon
Updated: 10/04/2011 07:34P
State settles historic lawsuit over village school funding
If the state lives up to its promises, the agreement will close the book on a 1997 lawsuit that prompted a state judge to declare Alaska funding of village schools "arbitrary, inadequate and racially discriminatory." The lawsuit was filed by a group of
Updated: 10/04/2011 07:30P
Suit: Banks cheated veterans over refinancing fees
The scheme involved a program allowing veterans who already owned homes with a Veterans Affairs loan to refinance so they could take advantage of low interest rates. Because the loans were for veterans, were for lower refinancing payments and were
Updated: 10/04/2011 07:29P
Omaha Eyes Change To Gun Permit Laws
Gun rights advocates filed the federal lawsuit last week, putting Omaha's gun laws into the spotlight. The proposed changes would allow noncitizens to legally possess handguns. "This ordinance hasn't been touched in a while," said Michelle Peters of
Updated: 10/04/2011 07:28P
Suit Claims Banks Cheated US Veterans Through Illegal Fees -AP
A whistleblower lawsuit launched in 2006 and unsealed Tuesday in an Atlanta federal court claims several big banks and mortgage companies defrauded US military veterans and taxpayers out of hundreds of millions of dollars in a " brazen scheme" to hide
Updated: 10/04/2011 07:28P
Judge Rules Against Cherokee Freedmens
The judge decided that the tribe was immune to a lawsuit in a federal court, because it had never waived its sovereignty under the treaty. The second lawsuit, initiated by the Cherokees, argued that federal statutes modified the 1866 treaty in a way
Updated: 10/04/2011 07:27P
Suit says veterans charged extra mortgage fees
ATLANTA — A whistle-blower lawsuit launched in 2006 and unsealed Tuesday in federal court in Atlanta claims several large banks and mortgage companies defrauded military veterans and taxpayers out of hundreds of millions of
Updated: 10/04/2011 07:27P
Whistleblower Lawsuit Takes on Banks Nationwide
Countrywide Home Loans, Mortgage Investors Corp., First Tennessee Bank (which acquired First Horizon Home Loan Corp.), Irwin Mortgage Corp. and New Freedom Mortgage Corp. “This is a massive fraud on the American taxpayers and American veterans,” said
Updated: 10/04/2011 07:26P
Gilman Law LLP A Leading National Law Firm, Announces That it is Now Accepting
Gilman Law LLP has over 30 years of experience in complex litigation and class actions involving serious defective drugs. If you or someone you know suffered any adverse side effects of Actos, such as bladder cancer or heart disease, or believe you
Updated: 10/04/2011 07:25P
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