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Sunday, June 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Atari shareholders say Infogrames Entertainment's $1.68 per share buyout offer is too cheap, in Delaware Chancery Court.

Directors of National City Corp. defrauded employees of Harbor Federal Savings Bank during a merger by paying them 2.4 million National shares, at inflated prices, which collapsed when National City's financial condition became known, shareholders claim in Cuyahoga County Court, Cleveland.

First American Corp. and others helped Washington Mutual "inflate and rig" property appraisals for which WaMu arranged or provided mortgage loans, WaMu shareholders claim in King County Court, Seattle.

Shareholders accuse the PMI Group and its directors of defrauding them through false statements, in San Francisco Federal Court.

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