Class-action lawsuit seeks $1.1 billion in dispute over IPO
A class-action lawsuit seeking up to $1.1 billion in damages has been filed in Oakland County Circuit Court , alleging fraud by the three top executives of FMF Capital Group Ltd.
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First Release of Sacramento High-Rise Condos Snapped Up The first sales release of high-end, high-rise condominiums proposed for the Capitol Mall in downtown Sacramento proved popular with prospective buyers, as more than 250 were sold over the weekend.read
ING's second-quarter profit plunges ING Direct's second-quarter profit tumbled more than 50 percent, as interest-rate pressures more than offset the benefit from continued customer and deposit growth at the Wilmington-based Internet bank.read more...
U.S. Watching Macs' Preferred Shareholders U.S. Treasury officials are watching Fannie Mae and Freddie Mac's preferred shareholders -- which include many banks -- for signs of panic, sources say.read more...
Board Can Appoint Anyone to Take Meeting Minutes Q. I read somewhere that a member of the condominium management corporation should never take the minutes of board meetings and membership meetings. Something about a conflict of interest. Do
Greenfield city hall remodeling project meets cost barriers Recently approved plans for remodeling improvements to the new Greenfield City Hall are on hold.read more...
Study on mortgage switching (Irish Examiner) Research commissioned by EBS Building Society among mortgage switchers has revealed 83% of respondents said they found it easy to switch.read more...