The case, Yick v. Bank of America, 21-CV-376 was filed in the United States District Court of the Northern District of California by plaintiff Jennifer Yick, a real estate professional who found herself unemployed from the COVID-19 pandemic. Through California’s…
Deutsche Bank recently agreed to pay over $130 million in a settlement involving two separate claims—that Deutsche Bank paid bribes for overseas business and that it was involved in the manipulation of metal markets. The settlement’s terms also include a…
Court: United States District Court for the Northern District of California Jurisdiction: Federal Case Name: Sterling Sav. Bank v. Poulsen Citation: 2013 U.S. Dist. LEXIS 105948 Facts This case involved four loans that the defendant’s real estate investment company had…
Court: United States District Court for the District of Minnesota Jurisdiction: Federal Case Name: City of Farmington Hills Emps. Ret. Sys. v. Wells Fargo Bank Citation: N.A., 979 F. Supp. 2d 981 Facts A municipal employee retirement system, along with…
Court: 6th Circuit Court of Appeals Jurisdiction: Federal Case Name: First Tenn. Bank Nat’l Ass’n V. Barreto Citation: 268 F.3d 319 Facts The Small Business Administration (SBA) ran a program that guaranteed certain loans made by First Tennessee Bank to…
This case involves US savings bonds worth $500,000 that were cashed at a bank in California without the knowledge or consent of the bond owner. The bank claimed that the owner of the bonds gave verbal permission for a coworker…
This case involves a bank in Chicago that served as a trustee to a large insurance company. The trust account contained eligible securities valued at $15 million. The bank subsequently allowed a third-party to deposit ineligible securities into the account…
This case involves an allegedly fraudulent transfer of funds made from a business account to those of a number of the business’s employees. The transfer was allegedly authorized by the business owner, however she had no recollection of signing the…
This case is a class action suit against a bank that allegedly aided an investment scam. An investment firm ran advertisements offering investors a sizeable tax deal on a retirement plan. However, the shares the firm ultimately offered were for…
This case is a class action matter involving multiple financial institutions located in North America. The plaintiffs in this matter included a group of investors within a community who were victimized by an alleged fraud scheme. The plaintiffs believed they…
This case takes place in Kentucky and involves a $15 million estate left by a father to his daughter. After receiving the estate, the daughter was severely injured in a car accident which left her brain damaged. For many years…
