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28 Feb 2012, 7:46 pm by Kevin Funnell
Referring to a settlement last December with former Wamu executives, Levin waxed hyperbolic. [read post]
6 Feb 2012, 12:06 am by Kevin LaCroix
As the report notes, though the FDIC has targeted two of the largest failed institutions (WaMu and IndyMac), “many of the other large or costly failures …have not yet been the target of FDIC lawsuits. [read post]
27 Jan 2012, 8:26 am
" Gay activists said they are planning to fight the bill, saying that it allows police to target some sectors of the community, but that takes away from the real crime that is going on throughout the District, WAMU is reporting. [read post]
22 Jan 2012, 3:19 am by Walter Olson
It makes no seeming sense unless you’re aware of the grim legalities for employers whose “nonexempt” employees work off the clock [Richard Bales/Workplace Prof, BoingBoing, ABC "Good Morning America"] Tags: wage and hour suits Related posts Wrestlers Slam WWE and Claim: We’re Not Independent Contractors (4) WAMU Kojo Nnamdi show (0) Update: wrestlers’ class action against WWE (2) Update: court throws out wrestlers’ suit against WWE… [read post]
16 Jan 2012, 4:42 pm
Jerry Jason Rice, formerly with WAMU Investments, Inc., in Fresno, California, was barred from association with any FINRA member in connection with a finding that Rice failed to respond to FINRA requests for information related to allegations that he made misrepresentations and engaged in unauthorized and unsuitable trades. [read post]
9 Jan 2012, 12:58 am by Kevin LaCroix
Back in February 2007, when investors in New Century Financial Corporation filed a securities class action lawsuit against the company and certain of its directors and officers, there was little reason to suspect at the time that problems at the company represented the leading edge of a looming financial crisis or that the case itself was the first lawsuit in what ultimately grew to become a mountain of subprime and credit crisis-related litigation. [read post]
4 Jan 2012, 12:33 am by Kevin LaCroix
Indeed, a number of the recent settlements will be funded entirely or almost entirely by D&O insurance, including the D&O portion of the WaMu settlement, the Colonial Bank settlement, the E*Trade settlement and the Lehman Brothers executives’ settlement. [read post]
3 Jan 2012, 9:21 pm by Susan Mangiero
In addition, he provides litigation consulting services to several law firms, representing investment manager clients in SEC examinations and audits and providing expertise and support on large-scale securities law matters (including Madoff feeder-fund, Refco, and WaMu litigations), and also provides independent business valuation research and advisory services. [read post]
21 Dec 2011, 6:44 am by Josh Bell, ACLU
But if you’d rather listen, check out the report’s co-author Jay Stanley being interviewed on WAMU’s Kojo Nnamdi Show here, or the other co-author Catherine Crump on WBUR’s On Point with Tom Ashbrook here. [read post]
19 Dec 2011, 5:13 pm by Colin O'Keefe
- Asset Opportunity Director and Shriver Center supervising attorney Karen Harris on The Shriver Brief Success Lessons from Watching Tim Tebow - Dallas, Texas lawyer coach Cordell Parvin on the Cordell Parvin Blog A Closer Look at the WaMu FDIC Settlement - Ohio attorney Kevin LaCroix of OakBridge Insurance Services in his blog, The D & O Diary For more of the best, check out LXBN, a complete review of the top insight and commentary across the LexBlog Network. [read post]
19 Dec 2011, 12:25 am by Kevin LaCroix
The FDIC’s press release describes it as a “settlement agreement with WMI to release its claims against 12 WaMu directors and other officers. [read post]
15 Dec 2011, 7:42 pm by Kevin Funnell
That reason revolved around Bair's role several years ago in "screwing" Citigroup out of its deal to buy Wamu and instead selling it to Chase. [read post]
14 Dec 2011, 5:49 am by Jenna Greene
WaMu Settlement: Former executives at Washington Mutual have reached a $64 million agreement to settle a civil lawsuit with the government, according to officials with the Federal Deposit Insurance Corporation, which pursued the case after the lender collapsed in 2008 during the subprime mortgage crisis, The New York Times reports. [read post]
14 Dec 2011, 5:12 am by Joe Palazzolo
WSJ More WaMu: As the bank lurches toward a $7 billion bankruptcy exit plan, the AmLaw Daily takes a look at its biggest bankruptcy billers. [read post]
14 Dec 2011, 12:42 am by Kevin LaCroix
  More About the FDIC’s Settlement with WaMu Executives: As was widely reported yesterday, the FDIC has settled the action it brought as receiver for the failed Washington Mutual bank against three former WaMu executives and their wives. [read post]
13 Dec 2011, 4:24 pm by Brian Baxter
Now, a settlement between creditors and shareholders could allow WaMu to rise from the ashes of Chapter 11. [read post]
13 Dec 2011, 5:00 am by Joe Palazzolo
WaMu settlement: Three former executives of Washington Mutual have agreed to settle a civil lawsuit stemming from the biggest-ever U.S. bank failure. [read post]