Shareholder Class Action

Wachovia defrauded shareholders by failing to disclose the risk in its acquisition of Golden West, a subprime lender from which Wachovia acquired a portfolio of more than $120 billion in option ARM mortgages, "the most toxic loans being peddled to borrowers," a class action claims in Alameda County Court, Oakland.

The Royal Bank of Scotland Group sold RBS Preferred Series T stock through false and misleading statements, shareholders claim in Manhattan Federal Court.

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Email *

Submit