Fortune Management promised but failed to issue Fortune shares tradable on the Frankfurt Stock Exchange, but issued shares not tradable for two years, which shares are now worthless, HLSP Holdings Corp. says in a claim for 40 million euros, in Delaware Chancery Court.
Bank of America, Wachovia and other conspired to fix and rig prices of municipal derivatives, the City of Baltimore says in two claims in Manhattan Federal Court.
One lawsuit names Bank of America as defendant. Here are the defendants in the other: Wachovia Bank NA; AIG Financial Products Corp.; Bear, Stearns & Co., Inc.; Financial Security Assurance Holdings Ltd.; Financial Security Assurance Inc.; Financial Guaranty Insurance Co.; Natixis SA; JP Morgan Chase & Co.; Piper Jaffray & Co.; Societe Generale SA; AIG Sunamerica Life Assurance Co.; UBS AG; Security Capital Assurance Inc.; XL Asset Funding Co. I LLC; XL Life Insurance & Annuity Co.; Lehman Brothers Inc.; Merrill Lynch & Co. Inc.; Morgan Stanley; National Westminster Bank PLC; Natixis Funding Corp.; Investment Mgmt. Advisory Group Inc.; CDR Financial Products; Feld Winters Financial LLC; Winters & Co. Advisors LLC; First Southwest Co.; George K. Baum & Co.; Kinsell Newcomb & De Dios Inc.; Packerkiss Securities Inc.; Shockley Financial Corp.; Sound Capital Mgmt. Inc.; Cain Brothers & Co. LLC; Morgan Keegan & Co. Inc.; and Municipal Government Investors Corp.