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Thursday, April 25, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Directors caused the Franklin Bank Corp. to lose tens of millions of dollars through accounting fraud in the home-lending meltdown, shareholders claim in Houston Federal Court.

Directors of Healthways Inc. sold shares at artificially inflated prices, shareholders claim in Nashville Federal Court.

Two derivative lawsuits accuse Citigroup of damaging investors by its negligent and fraudulent handling of "Falcon Plus Strategies" and "MAT Five" funds, in New York County Court.

FedEx exposed shareholders to more than $300 million in penalties by misclassifying drivers as independent contractors, according to a derivative complaint in Memphis Federal Court.

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