LA-based Nara Bank strikes deal with prosecutors in discrimination caseSeptember 30th, 2009 LA-based bank strikes deal in discrimination caseLOS ANGELES — Federal prosecutors have announced a settlement with a Los Angeles-based bank that was sued along with two auto dealerships for allegedly charging non-Asian customers higher interest rates on car loans. Under the agreement, Nara Bank will pay up to $410,000 to customers who were overcharged, according to a Department of Justice news release.
Clinton, State Department sued for age discrimination against diplomatSeptember 18th, 2009 Clinton sued over age discriminationWASHINGTON — Secretary of State Hillary Rodham Clinton and the State Department are being sued by a diplomat who claims she was discriminated against because of her age. Lawyers for Elizabeth Colton filed suit on Friday in U.S.
Judge gives 7 SC landowners settlement over Santee Cooper dam flooding that could reach $200MSeptember 4th, 2009 Lawyer: Santee Cooper to pay SC landowners $200MCOLUMBIA, S.C. — A federal judge has ordered a South Carolina-owned utility to pay seven landowners in the eastern part of the state a settlement that could amount to close to $200 million.
State Street says reserve for fixed-income investment claims, penalties may be insufficientAugust 11th, 2009 State Street's legal reserve may not be enoughBOSTON —State Street Corp. says a legal reserve of about $625 million it established two years ago may not be enough to cover claims and potential penalties related to fixed-income investments that included subprime mortgages.
Calif. lawmaker sues Schwarzenegger over budget vetoes that cut nearly $500 millionAugust 11th, 2009 Lawmaker sues Schwarzenegger over budget vetoesSACRAMENTO, Calif. — California's Senate leader has filed a lawsuit against Gov.
Moody's considers rating downgrade for loan program offered through Calif. pension fundsJuly 18th, 2009 Moody's may downgrade Calif. pension funds' ratingSACRAMENTO, Calif.
State Street subsidiary could face civil charges for alleged securities violationJune 29th, 2009 SEC tells State Street it could face civil chargesNEW YORK — State Street Corp. on Monday disclosed in a regulatory filing that the Securities and Exchange Commission could bring civil charges against its main subsidiary for possible securities violations tied to past investments in subprime mortgages.
State Bank of Indore staff protest proposed merger with SBIJune 22nd, 2009 BHOPAL - More than 6,000 employees of State Bank of Indore went on a strike Monday to protest the proposed merger with State Bank of India, staff union leaders said here. All branches remained closed.
State Bank to acquire State Bank of IndoreJune 19th, 2009 MUMBAI - The board of State Bank of India (SBI) has approved the acquisition of associate State Bank of Indore, the country's largest lender said Friday. "SBI has informed BSE (Bombay Stock Exchange) that the central board of the bank at its meeting held on June 19, has approved a proposal for acquisition of State Bank of Indore by State Bank of India, subject to approval by the Reserve Bank of India and the government of India," SBI said in a regulatory statement.
State Street Corp. repays $2 billion receives as part of government investment programJune 17th, 2009 State Street repays $2B in TARP fundsNEW YORK — State Street Corp. says it was among the banks to repay $2 billion it received last fall as part of the government's $700 billion bank investment program.
Former Illinois inmate sues, claiming she was illegally shackled to hospital bed during laborJune 13th, 2009 Ex-inmate sues, says was chained to bed in laborCHICAGO — A former Illinois jail inmate who says she was handcuffed to a hospital bed while in labor has sued the Cook County Sheriff's Office. Marilu Morales was eight months pregnant in April 2008 when she was jailed for possession of controlled substances.
Ill. sues village accused of using tainted water for decades, says officials lied to residentsJune 10th, 2009 Ill. sues village accused of using tainted waterCHICAGO — The state of Illinois is suing a Chicago suburb accused of drawing drinking water from a contaminated well for decades. State officials discovered the well contained chemicals linked to cancer in the mid-1980s, but the village of Crestwood allegedly continued to draw water from it until late 2007.
Trustee sues overseas money manager, saying should have known about Madoff schemeMay 12th, 2009 Trustee sues money manager in Madoff caseNEW YORK — The trustee overseeing the liquidation of disgraced financier Bernard Madoff's assets has sued another investment fund. The lawsuit filed Tuesday in bankruptcy court in Manhattan accused the Harley International Ltd.
Ex-professor in NYC school noose case sues for $200 million, calls firing 'academic lynching'April 22nd, 2009 Ex-prof in NYC school noose case sues for $200MNEW YORK — A professor at Columbia University's Teachers College who was fired over plagiarism allegations is suing the graduate school for $200 million. Madonna Constantine filed a lawsuit in Manhattan Supreme Court on Tuesday calling her 2008 firing an "academic lynching."
Constantine was a clinical psychology professor at Teachers College, which is affiliated with Columbia University.
Ex-Columbia professor in noose case sues for $200 million, calls firing 'academic lynching'April 22nd, 2009 Ex-Columbia prof in noose case sues for $200MNEW YORK — A Columbia University professor who was fired over plagiarism allegations is suing the school for $200 million. Madonna Constantine filed a lawsuit in Manhattan Supreme Court on Tuesday calling her 2008 firing an "academic lynching."
Constantine was a clinical psychology professor at Teachers College.
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