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California Court Gives Hope to Homeowners Lied to by Banks
3:00PM 2/02/2011
Columns, Economy, People, Investing, JP Morgan Chase, Real Estate, Credit
A California appeals court has ruled that U.S. Bank conned Claudia Aceves out of her home by tricking her into giving up her bankruptcy protections. Now she can sue the bank for damages and fraud, and conceivably, so could other homeowners in similar situations.
Allstate Sues Bank of America, Countrywide Over Mortgage-Backed Securities
5:30PM 12/28/2010
Company News, Investing, Bank of America, Stocks in the News
Allstate is suing Bank of America and its Countrywide Financial division over Countrywide's sale of $700 million in mortgage-backed securities to the insurance giant, alleging that Countrywide knew in advance that the assets would drop in value because of a high percentage of defaults.
Legal Briefing: A Dell Deal the SEC (Probably) Can't Refuse
4:40PM 7/16/2010
Dell has reportedly proposed a settlement to the Securities and Exchange Commission that the SEC staff likes and will recommend the commissioners accept. At issue is how Dell did its accounting on deals with Intel. Dell has already been forced to restate four years of manipulated earnings.
eBay Hit With $3.8 Billion Patent Lawsuit Over Payment Technology
10:36AM 7/14/2010
eBay got slapped Tuesday with a $3.8 billion patent infringement lawsuit over its payment system technology. XPRT Ventures alleges inthe suit that eBay and its subsidiaries PayPal, Bill Me Later, Shopping.com and StubHub violated six of its patents.
LimeWire, a peer-to-peer file sharing network that was recently found liable to recording artists for massive copyright piracy faces an additional threat to its existence: Music publishers are suing it too, alleging the same piracy.
And so it goes on: the interminable wait for a deal that would make the Beatles music available on the Web. Instead, Apple Corps. Ltd., which manages the Beatles' legacy, and EMI, the band's record label, have announced the release of a limited-edition USB flash drive preloaded with Beatles songs...
Bank emails confidential info to wrong address, sues Google
9:00AM 9/23/2009
As a people, we rely on Google for a lot. We count on the company to deliver information, email and more; but did you know you can now go after Google for your mistakes? That's exactly what one bank is doing after a teller accidentally emailed a document containing information on 1,300 accounts to...
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Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.07 | -0.11 -1.34% | 254.23M | |
| 2.19 | +0.25 +12.89% | 122.18M | |
| 18.88 | -0.26 -1.33% | 109.55M | |
| 12.44 | -0.25 -1.97% | 52.49M |
% Gainers
| 31.68 | +7.78 +32.55% | 18.42M | |
| 89.96 | +13.57 +17.76% | 13.27M | |
| 2.19 | +0.25 +12.89% | 122.18M | |
| 10.50 | +1.10 +11.70% | 3.07M |
% Losers
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