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Wednesday, June 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Shareholders oppose Sovereign Bancorp's $1.9 billion sale to Banco Santander, in a stock deal that will pay them 0.2924 Santander shares for each Sovereign share, in Philadelphia state court.

Noah Education Holdings inflated its securities through false and misleading statements during its IPO, and Deutsche Bank Securities, CIBC World Markets, and Thomas Weisel Partners helped it, shareholders say in Manhattan Federal Court.

MGIC Investment Corp. inflated its securities through false and misleading statements, shareholders say in Milwaukee Federal Court.

Shareholders say Wachovia is selling itself too cheaply to Wells Fargo, in Mecklenburg County Court, N.C.

Shareholders accuse Deep Marine Holdings, an offshore gas and oil company, and its officers of fraud, waste and abuse, in Harris County Court, Houston.

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