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Monday, March 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

What appears to be the first class action challenging Merrill Lynch's sale to Bank of America was filed on behalf of shareholders Monday by Brian Murray with Murray Frank, in New York County Court.

Shareholders say FCStone Group, commodity risk managers, inflated share price through false and misleading statements, in Kansas City, Mo., Federal Court.

Novatel Wireless directors inflated share price through false and misleading statements, shareholders say in San Diego Federal Court.

Integrity Bancshares and its directors inflated share price through false and misleading statements, shareholders say in Fulton County Court, Atlanta.

Bank of America and its officers are accused of conducting "a reckless drive to expand Bank of America far past its capacity to manage the risks of the unfamiliar financial products on which this expansion was built," since 2005, in a derivative complaint in Los Angeles Federal Court.

Quest Resource Corp. defrauded shareholders with a false prospectus and registration statements, according to a class action in Oklahoma City Federal Court.

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