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Topic: Jonathan Stempel

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BofA Merrill unit in $315 mln mortgage settlement

(Reuters) - Bank of America Corp agreed to pay $315 million to settle claims by investors who said they were misled about mortgage securities offerings by its Merrill Lynch unit, a court filing shows.The settlement requires court approval.(Reporting by Jonathan Stempel ...

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NY court allows lawsuit over bogus home appraisals

(Reuters) - New York's highest court allowed the state on Tuesday to proceed with a lawsuit that had accused First American Corp and its eAppraiseIt unit of colluding with the former Washington Mutual Inc to fraudulently inflate home values.The Court of ...

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Judge OKs $520 million payout to MF Global customers

NEW YORK (Reuters) - The trustee liquidating MF Global Holdings Ltd's broker-dealer unit won court permission to distribute $520 million of cash, providing relief to customers whose accounts have been frozen since the futures brokerage went bankrupt.U.S. Bankruptcy Judge Martin ...

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AT&T settles EEOC nationwide age bias lawsuit

(Reuters) - AT&T Inc has settled a nationwide lawsuit by an agency accusing it of age discrimination for refusing to rehire workers who retired from the largest phone company.The three-year consent decree resolves a lawsuit filed in August 2009 by the ...

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JPMorgan, BofA Slammed With New Lawsuits

JPMorgan Chase & Co and Bank of America Corp were hit with new lawsuits by investors seeking to recover losses on $4.5 billion of soured mortgage...

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Ex-Primary Global manager guilty in insider case

NEW YORK (Reuters) - A former Silicon Valley sales manager was found guilty of conspiracy charges on Tuesday in connection with the government's crackdown on insider trading.James Fleishman, who used to work at Primary Global Research, was convicted by a Manhattan ...

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Court tosses Virginia challenge to healthcare law

NEW YORK (Reuters) - A federal appeals court on Thursday threw out Virginia's challenge to the constitutionality of the healthcare overhaul signed into law by U.S. President Barack Obama last year.The 4th U.S. Circuit Court of Appeals overturned a ...

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Bondholder lawsuit over WaMu seizure revived

A U.S. appeals court on Friday revived a lawsuit by bondholders of the failed Washington Mutual Bank who are challenging the thrift's seizure by...

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