Robert Saucier, Galaxy's CEO, explained, "When BofA first filed their lawsuit against us, we believed it was not only ill-conceived and inappropriate, but malicious. That is why we counter-sued the bank. With al
While the increased foreclosure and repossession activity related to the economic downturn have increased risk, it is also important to note other actions that can trigger a lender liability lawsuit against a credit union. Foreclosures continue to put CUs at risk By 1989, more than 400 so-called...
In January 2016, PNC Bank NA agreed to pay $32.3 million to settle a lawsuit in Florida alleging the company overcharged consumers for force-placed insurance. Bank of America NA and HSBC Bank USA NA have also agreed to settle lawsuits linked to force-placed insurance. Foreclosure Fraud Many p...
In the middle of the night on February 24 last year, Maxim Timchenko was awakened by explosions reverberating against the windows of his 26th-floor apartment in Kyiv. After a quick call urging his parents to evacuate, the chief executive of DTEK, Ukraine’s largest private energy supplier, ru...
Gibbs Mura’sfinancial fraudandsecuritieslawyers have more than two decades of experience prosecuting fraud. Our attorneys have successfully litigated against some of the largest companies in the United States, and we have recovered more than a billion dollars on our clients’ behalf. ...