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Sunday, May 26, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Prudential Financial cost investors more than $1 billion by failing to disclose its exposure to subprime mortgage-backed securities in a June 2008 offering, shareholders say in Newark Federal Court.

Here are the defendants in the Prudential Financial shareholders class action: Prudential Financial, Frederic Becker, Gordon Bethune, Gaston Caperton, Gilbert Casellas, James Cullen, William Gray, Jon Hanson, Constance Horner, Karl Krapek, Arthur Ryan, Peter Sayre, Dennis Sullivan, James Unruh, Citigroup Global Markets, Merrill Lynch Pierce Fenner and Smith, Morgan Stanley and Company, UBS Securities LLC, Wachovia Capital Markets LLC, Banc of America Securities LLC, RBC Capital Markets Corp., JP Morgan Securities, and PricewaterhouseCoopers LLP.

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