RSS Liquid Claims Settlements

  • JP Morgan Acceptance Corp (RMBS Settlement)
    JP Morgan Acceptance Corp (RMBS Settlement) Securities Settlement The lawsuit was settled for $280 million in cash. The following is a summary of the proceedings in the lawsuit: ‘On March 26, 2008, a class action complaint was filed against Defendants and certain other defendants in the Supreme Court of the State of New York, Nassau […]
  • Focus Media Holding Limited (2011)
    Focus Media Holding Limited (2011) Securities Settlement The lawsuit was settled for $3.7 million in cash. The following is a summary of the proceedings in this lawsuit: ‘This lawsuit alleges that the Focus Media and the Individual Defendants misrepresented or omitted material information regarding certain Company acquisitions, write-downs and divestitures of assets, valuations of Company […]
  • Epicor Software Corporation
    Epicor Software Corporation Securities Settlement The lawsuit was settled for $18 million in cash on May 26, 2014. The following is a summary of the proceedings in this lawsuit: ‘On April 4, 2011, Epicor Software Corporation announced that it had entered into a definitive merger agreement with Apax and its affiliates providing for a tender […]
  • China Valves Technology, Inc.
    China Valves Technology, Inc. Securities Settlement The lawsuit was settled for $1.5 million in cash. The following is a summary of the proceedings in the lawsuit: ‘The defendants to the class action lawsuit are China Valves and certain of its current or former officers and directors, who are Siping Fang, Jianbao Wang, Gang Wei, Renrui […]
  • FindWhat.com, Inc.
    FindWhat.com, Inc. Securities Settlement The lawsuit was settled for $2.4 million in cash. The following is a summary of the proceedings in this lawsuit: ‘This Litigation alleges that FindWhat and its Chief Executive Officer and President violated the federal securities laws by making false and misleading statements in certain press releases and public filings issued during […]
  • Coleman Cable Inc.
    Coleman Cable Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in the lawsuit: ‘executed a merger agreement (the Merger Agreement), dated December 20, 2013, by and among Coleman, Southwire and Cubs Acquisition Corporation (Merger Sub). The Merger Agreement […]
  • Assisted Living Concepts Inc
    Assisted Living Concepts Inc Securities Settlement The lawsuit was settled for addition disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in this lawsuit: ‘ALC operates a chain of over 200 assisted living facilities for senior adults. As an assisted living center, ALC cares for the elderly and […]
  • Hi-Tech Pharmacal Co., Inc.
    Hi-Tech Pharmacal Co., Inc. Securities Settlement The lawsuit was settled for additional disclosures in the proxy statement mailed to shareholders. The following is a summary of the proceedings in the lawsuit: ‘On August 26, 2013, Hi-Tech entered into an Agreement and Plan of Merger (the Merger Agreement) with Akorn, Inc. and Akorn, Inc. wholly-owned subsidiary, […]
  • New Oriental Education & Technology Group, Inc.
    New Oriental Education & Technology Group, Inc. Securities Settlement The lawsuit was settled for $250,000 in cash. The following is a summary of the proceedings in the lawsuit: ‘This lawsuit (the Action) is a class action alleging violations of the federal securities laws by New Oriental and certain members of its senior management. Plaintiff Second […]
  • Anadarko Petroleum Corporation
    Anadarko Petroleum Corporation Securities Settlement The lawsuit was settled for $12.5 million in cash. The following is a summary of the proceedings in the lawsuit: ‘This litigation stems from the April 20, 2010 explosion in the Deepwater Horizon oil rig and subsequent oil spill at the Macondo well. 11. Two class action complaints were filed […]

RSS Value Investing

RSS Elite Forex Blog

  • CFTC fines Russia bank $5 million for $36 billion of phony ruble-dollar trades -
    The U.S. Commodity Futures Trading Commission fined a Russia bank $6 million Monday for executing "fictitious and noncompetitive" Russian Ruble - U.S. dollar futures contracts on the Chicago Mercantile Exchange.The CFTC brought the enforcement action against VTB Bank, headquartered in St. Petersburg, Russia, and its subsidiary VTB Capital PLC.VTB Capital is a U.K.-incorporated bank.The CFTC’s […]
  • Slowly... Then All At Once
    Submitted by Howard Kunstler via Kunstler.com,The staggering incoherence of the election campaign only mirrors the shocking incapacity of the American public, from top to bottom, to process the tendings of our time. The chief tending is permanent worldwide economic contraction. Having hit the resource wall, especially of affordable oil, the global techno-industrial economy has sucked a valve […]
  • Wall Street’s 0.01%: The Guru Who Only Talks to Hedge-Fund Elite
    Jens Nordvig, one of the hottest prognosticators in finance, will sell anyone his secret sauce for winning trades for $30,000 a year.But if you want unfettered access to his best ideas and personal touch—the kind that the deep-pocketed hedge funds covet—be prepared to shell out about 20 times more.That two-pronged approach to research, off-limits (at […]
  • There’s a $300 Billion Exodus From Money Markets Ahead
    With a seismic overhaul of the $2.6 trillion money-market industry weeks away from kicking in, money managers are bracing for a last-minute exodus of as much as $300 billion from funds in regulators’ cross hairs.Prime funds, which seek higher yields by buying securities like commercial paper, are at the center of the upheaval. Their assets […]
  • EES: Splitting Pennies One Day Sale
    Today only, get Splitting Pennies on Kindle for .99 on Amazon!Click here to get Splitting Pennies for .99 while it lastsGift it to a friendGift it to your employees who need to learn about ForexBuy it for your familyAll you need is their email - you can send it to anyone with an Amazon account. […]
  • Seven College Endowments Report Annual Losses in Choppy Markets
    Seven public U.S. university endowments with assets of more than $1 billion including the University of California reported fiscal 2016 investment losses as lackluster economic growth and volatility drubbed markets.College endowments are poised to take the worst slide in performance since the 2009 recession. Funds with more than $500 million lost a median 0.73 percent in the […]
  • Wells Fargo Fires 5,300 For Engaging In Massive Fraud, Creating Over 2 Million Fake Accounts
    For years we have wondered why Wells Fargo, America's largest mortgage lender, is also Warren Buffett's favorite bank. Now we know why.On Thursday, Wells Fargo was fined $185 million, (including a $100 million penalty from the Consumer Financial Protection Bureau, the largest penalty the agency has ever issued) for engaging in pervasive fraud over the […]
  • EES: Warning to investors - Do Not Invest In Currencies
    We see from time to time articles from investment groups talking about how they believe that the US Dollar will be strong for the next 18 months blah blah blah.  It's always positive to hear investment managers learning about FX.  Unfortunately, as we explain in Splitting Pennies - FX isn't like other markets.  Investing in Currencies is […]
  • EES: Half of Corporate America losing BILLIONS in Forex for no reason
    Here's the big irony for the markets.  As we explain in Splitting Pennies book, Forex is the largest market in the world and the least understood.  Corporate America certainly doesn't understand Forex.  Well, according to this report, about 50% do:Forty-eight percent of nonfinancial companies listed on U.S. stock exchanges remained exposed to volatility in foreign […]
  • Deutsche Bank Refuses Delivery Of Physical Gold Upon Demand
    While the trading world was focused on the latest news involving Deutsche Bank, namely that the troubled German bank had beencontemplating a merger with Germany's other mega-bank, Commerzbank as part of a strategy to sell all or part of a key business to speed up its flagging overhaul, a more troubling report emerged in a German […]