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Legal News

: Lawyers and Settlements

AIG, Lehman Brothers and Merrill Lynch: A Turbulent Week

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New York, NY: It has been a week of shocking news for the financial industry, particularly involving AIG, Lehman Brothers and Merrill Lynch. One company has been taken over by the fed while another declared bankruptcy. The third institution has been bought out by Bank of America. And while things appear to have leveled off a bit, investors wonder if this week's events are simply a forecast of more turbulent times to come.

Full post as published by Lawyers and Settlements on September 18, 2008 (boomark / email).

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Lawsuits and Settlements

Lehman Brothers
allegedly breached ERISA duties for employee savings plan participants.

Bank of America Settles Merrill Lynch Class Action for $150 Million
Bank of America Settles Merrill Lynch Class Action for $150 Million

Bank of America, Merrill Lynch
BAC

Bank of America, Merrill Lynch
401(k) / ERISA Stock Fraud

Merrill Lynch and Bank of America
CEOs Sued in Class Action

Merrill Lynch
Agrees a $475 Million Settlement with Ohio Teachers

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