Shareholders accuse Lehman Bros., JP Morgan Securities and Citigroup Global Markets of material omissions in selling Fannie Mae shares, which have sunk from $27.50 on May 9 to $11.50 on Friday, in New York County Court.
Shareholders accuse KFN Financial Holdings and its directors of inflating share price through false and misleading reports in its registration statement and prospectus, in Manhattan Federal Court.
Shareholders accuse Swabplus and affiliates of breach of fiduciary duty and abuse of control, in Los Angeles Superior Court.
Semgroup Energy Partners inflated its share price through false and misleading statements, shareholders claim in Manhattan Federal Court. They also sue Citigroup Global Markets and Lehman Bros.
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.
Additional Reads
-
Alaska, Hawaiian Airlines April 17, 2024 -
-
Contributor-Test-Post-2024-04-12 April 12, 2024 -
