suits news from FierceFinance

The New York Times notes that in the last four years, developers owned by private equity firms have bought almost 75,000 rent-regulated apartments in New York City. That's 6 percent of the city's Read more...

Citigroup is finding it hard to shake Smith Barney's "boom-boom room" image that has dogged its reputation. The latest: Smith Read more...

State Street has announced that it will set aside $618 million to cover possible legal costs stemming from its foray into subprime securities. That will result in a $279 million loss. State Street Read more...

Portfolio chides Jaime Dimon for his take-charge approach, which has led to two suits recently. The news that Amaranth has sued JP Morgan certainly generated some buzz. The suit argues that JP Morgan Read more...

There has been lots of criticism of credit ratings agencies, and there surely will be more. Regulators on both sides of the pond are taking close looks, and at least Read more...

You can almost hear the baying. Many predict that investors will file waves of suits against banks for their subprime mortgage policies. Defendants so far include Citigroup, HSBC Finance and Read more...

About 300 banks, many of them community banks, have filed a class-action lawsuit in U.S. District Court in Boston against TJX, a company from whom 45.7 million credit and debit cardholders were Read more...

This may be an ominous sign: Bankers Life Insurance has sued Credit Suisse over subprime mortgage-backed bonds that apparently have soured. The securities of course were investment grade when they Read more...

Leonard Green & Partners may be one of the more interesting private equity firms you've never heard of. That may be a bit of a simplification. The firm has a solid reputation. But it's not cut Read more...

Company News:
> More on Citigroup's Prince in India. Article
> More on Citigroup's restructuring plans: Read more...