IndyMac Bancorp CEO Michael Perry and CFO Scott keys lied about the bank's exposure to subprime mortgages losses, inflating share price before the bank collapsed, shareholders claim in Los Angeles Federal Court.
Franklin Bank Corp. inflated its share price through false and misleading statements, concealing enormous losses from bad mortgage loans, shareholders claim in Houston Federal Court.
Directors of ITT Corp. wasted, diverted and misappropriated corporate assets, shareholders claim in White Plains, N.Y., Federal Court.
Morgan Keegan & Co., Morgan Asset Management Corp., Regions Financial Corp., MK Holding and their directors and PriceWaterhouseCoopers defrauded investors, five class actions claim in Memphis Federal Court.
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