The First American Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it maintained a reserve totaling US$18.4 million at September 30, 2009, for lawsuits related to title insurance operations.
The…
The U.S. Court of Appeals for the Eighth Circuit, on April 8, 2009, reversed the ruling of the U.S. District Court for the District of Minnesota, which granted summary judgment in favor of Ameriprise Financial, Inc.
The case was remanded for…
The U.S. Securities and Exchange Commission staff notified Ameriprise Financial, Inc. that it is considering recommending that the SEC bring a civil action against the Company related to revenue sharing matters.
For several years, the Company has been cooperating with the…
Ameriprise International, Inc. says that a large client, in April 2009, presented a formal Request for Arbitration.
Relevant to market conditions since the latter part of 2007, the client claimed breach of certain contractual investment guidelines.
The Company is continuing to evaluate…
Center Financial Corporation entered into a Settlement Agreement on Aug. 6, 2008, with Korea Export Insurance Corporation, it disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission.
Pursuant to the KEIC Settlement Agreement,…
The U.S. District Court for the Southern District of Texas, Houston Division dismissed on May 15, 2008, the consolidated complaint of the Sheetmetal Workers’ National Pension Fund and The Alaska Plumbing and Pipefitting Industry Pension Trust against Baker Hughes Inc.…
Tyler Technologies, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the Securities and Exchange Commission that on June 27, 2008, it settled outstanding litigation related to two Stock Purchase Warrants owned by Bank of America, N.A.
The…
Bank of America Corporation and the Internal Revenue Service, in May 2008, entered into a closing agreement resolving all matters relating to an audit by the IRS of the 1998 and 1999 tax returns of The Bank of America Pension…
Bank of America Corporation says that, on May 23, 2008, the court entered Stipulations and Orders of Dismissal in In re Public Offering Fee Antitrust Litigation and in In re Plaintiff Initial Public Offering Fee Antitrust Litigation.
These cases are concluded.
Headquartered…
Certain state and local government officials’ lawsuits on violations of state consumer protection laws are ongoing against Countrywide Financial Corporation and various of its wholly owned subsidiaries.
CFC is a Bank of America Corporation subsidiary.
These actions include lawsuits brought by the…