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Friday, February 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

The Public Employees Retirement System of Mississippi claims Morgan Stanley Dean Witter Capital and McGraw-Hill Companies defrauded it in selling and rating and selling hundreds of millions of dollars in subprime mortgage-backed paper, in Orange County Court, Calif.

PXRE Group defrauded investors by pushing its shares at prices inflated by false and misleading statements, a class action claims in Manhattan Federal Court.

The U.S.' largest investment banks defrauded investors by pushing AIG securities with false and misleading statements, a class action claims in Manhattan Federal Court. Here's are the defendants: Banc of America Securities LLC, Barclays Capital, JP Morgan Chase & Co., Charles Schwab & Co., Citigroup Global Markets Inc., Credit Suisse Securities LLC, Deutsche Bank Securities Inc., Goldman Sachs & Co., HSBC Securities Inc., Merrill Lynch Pierce Fenner & Smith Inc., Morgan Stanley & Co., Suntrust Capital Markets Inc., TD Ameritrade Inc., UBS Securities LLC, Wachovia Capital Markets LLC, Wells Fargo Securities LLC, PricewaterhouseCoopers LLP, et al.

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