June 20, 2021

Credit Suisse ruling helps preserve Martin Act’s reach

Pin It

By Scott Flaherty, From The Litigation Daily In refusing to toss a multibillion-dollar fraud lawsuit against Credit Suisse AG last week, New York Supreme Court Judge Marcy Friedman didn’t just disappoint the bank and its lawyers at Cravath, Swaine & Moore. The judge also poured coal in the stockings of other defendants looking for vulnerabilities […]

DOJ finally confirms record-setting $16.65b settlement with Bank Of America

Pin It

By Chris Morran From Consumerist More than two weeks after it was first reported that the Justice Dept. and Bank of America were coming to terms on a record-setting deal worth nearly $17 billion, the two parties have finally confirmed the details of a settlement that will resolve multiple federal and state claims involving the […]