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HARRAH'S ENTERTAINMENT: Settles Suits Over $15.1B Buyout Offer
Harrah's Entertainment, Inc., settled purported class action suits involving the proposed buyout of the gaming company by private equity investors, according to Harrah's Feb. 29, 2008 Form 10-K filing with the U.S. Securities and Exchange Commission...
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DOWNEY SAVINGS: Still Faces "Holman" Labor Lawsuit in Calif.
Downey Savings and Loan Assoc., F.A., a subsidiary of Downey Financial Corp., continues to face a purported class action filed by two former traditional branch employees with the Los Angeles Superior Court, California...
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BEAR STEARNS: Schiffrin Barroway Files NY ERISA Violations Suit
The law firm of Schiffrin Barroway Topaz & Kessler, LLP filed the first lawsuit of its kind on behalf of participants and beneficiaries of The Bear Stearns Companies, Inc., Employee Stock Ownership Plan, with the United States District Court for...
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ERA CLASS.COM: Faces Lawsuit in Alabama Over Illegal Charges
ERA Class.com, Inc., is facing a class-action complaint filed with the U.S. District Court for the Southern District of Alabama claiming that the company charges illegal and unearned fees during real estate closings, CourtHouse News Service reports...
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REGIONS FINANCIAL: Holzer Files AL Shareholder Derivative Action
A shareholder derivative lawsuit has been filed with the United States District Court for the Northern District of Alabama against, among others, Regions Financial Corporation's Board of Directors...
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LIFELOCK INC: Customer Sues Over Fraudulent Business Practices
A LifeLock Inc. customer filed a class action lawsuit with U.S. District Court for the District of Arizona against the Tempe- based identity-theft prevention company on March 27, 2008, accusing it of fraudulent business practices, azcentral.com reports...
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GENZYME CORP: $64M Settlement of Suits Over Tracking Stocks OK'd
A $64,000,000 settlement that effectively concludes all litigation against Genzyme Corp. following a consolidation of it's tracking stock structure in 2003, has been approved, according to the company's Feb. 29, 2008 Form 10-K filing with the U.S....
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COUNTRYWIDE HOME: Settles FCRA Violation Lawsuit for $2,600,000
Magistrate Judge Jeffrey Cole, of the U.S. District Court for the Northern District of Illinois, Eastern Division, approved on a final basis the proposed settlement of the class action filed by Clayton R. Poehl against Home Loan Investment Bank F.S.B....
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