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Bankia compensation qualms signal loss of faith in Spain's banks
ReutersMADRID (Reuters) - Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favor of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system. The...Tags: Restructuring and Recapitalization, Crime, Law and Justice, Spain, Banking, Lawyers
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U.S. judge blocks $13 million arbitration award against SunTrust
Reuters* Judge finds fund not a customer under FINRA rules * Turnberry sought at least $13 mln in arbitration * Case focused on mortgage-backed securities By Nate Raymond NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won an court order on Friday preventing...Tags: Manhattan (New York City), Mutual Funds, Laws, Justice System, Crime, Law and Justice
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CORRECTED-U.S. judge blocks $13 million arbitration against SunTrust
Reuters(Removes "award" from headline) * Judge finds fund not a customer under FINRA rules * Turnberry sought at least $13 mln in arbitration * Case focused on mortgage-backed securities By Nate Raymond NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won...Tags: Manhattan (New York City), Mutual Funds, Laws, Justice System, Finance
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Judge blocks $13 million arbitration against SunTrust
ReutersNEW YORK (Reuters) - SunTrust Banks Inc won a court order on Friday preventing a Connecticut-based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities. The ruling by District Judge Naomi Reice Buchwald in...Tags: Manhattan (New York City), Mutual Funds, Laws, Raymond James Financial Incorporated, Justice System
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Schwab reverses ban on client class-action lawsuits
Reuters(Reuters) - Charles Schwab Corp has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs' attorneys. "Effective...Tags: Charles Schwab, Shareholders, Stock Market, Laws, Corporate Crime
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Florida court rules state time limits apply to securities arbitration
ReutersMay 16 (Reuters) - Florida's statute of limitations can apply not only to court proceedings, but to securities arbitration cases between investors and their brokers, the Florida Supreme Court ruled Thursday. The ruling, in favor of Raymond James...Tags: Finance, Crime, Law and Justice, Securities, Lawyers, Financial and Business Services
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Wal-Mart, Gap skirt the issue
If the horrific garment factory collapse last month in Bangladesh has any silver lining, it is the response from more than 30 of the world's leading apparel companies — including Benetton, PVH, Abercrombie & Fitch, H&M, Inditex (Zara), Marks &...
Tags: Labor Legislation, New York University, Bangladesh, Politics, Health and Safety at Work
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District 15 teachers file grievance over early dismissal
Just days after the Palatine Community Consolidated School District 15 Board of Education voted in favor of dismissing students early on Fridays to allow teachers time for professional development, the teachers union filed a grievance, saying the schedule...
Tags: Teaching and Learning, Students, Unions, Teachers, Career and Workplace
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Brokers' legal woes can trigger sticky conversations
Reuters(Reuters) - The Financial Industry Regulatory Authority's public disclosure database, BrokerCheck, is a tool to help investors research the background of brokers. Nonetheless, it can also be a headache for brokers whose records are not squeaky clean....Tags: Crime, Law and Justice, Theft, Lawyers, Media Industry, Olives
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Sears won't sign Bangladesh safety accord
Sears said Wednesday it does not plan to sign a fire and building safety agreement backed by some of Europe's biggest apparel brands aimed at trying to prevent another disaster like the one in Bangladesh that killed more than 1,100 workers. Instead, the...
Tags: Gap Inc., National Retail Federation, Labor Legislation, Bangladesh, Politics
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WRAPUP 3-As some retailers back Bangladesh accord, U.S. group lashes out
ReutersBy Jessica Wohl May 15 (Reuters) - An accord designed to prevent another deadly disaster in Bangladesh's garment industry drew sharp criticism from a major U.S. retail trade group on Wednesday, which said it would constrain legal rights of U.S....Tags: Wal-Mart Stores, Inc., Gap Inc., National Retail Federation, Labor Legislation, Clothing and Textiles Industry
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Egypt says disputes with Dubai's DAMAC are resolved
ReutersCAIRO, May 15 (Reuters) - Egypt said on Wednesday it had settled disputes with the Dubai-based developer DAMAC involving projects dating back to the Mubarak era - an agreement the government hopes will reassure prospective investors. The government...Tags: International Centre for Settlement of Investment Disputes, Crime, Law and Justice, Egypt, Dubai (United Arab Emirates), Hosni Mubarak
May 19, 2013
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May 17, 2013
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May 17, 2013
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May 17, 2013
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May 16, 2013
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May 16, 2013
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May 17, 2013
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May 16, 2013
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May 16, 2013
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May 15, 2013
|Story| Chicago Tribune
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
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