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Tag: Class Action

broom sweeping cash into dust pail

Lawsuits Renew Scrutiny of Big Banks’ Deceptive Practices on Cash Sweep Accounts

broom sweeping cash into dust pail

Following a steady stream of accusations that big banks like JPMorgan Chase and Wells Fargo have deceived and cheated investors for years, recent lawsuits are shining a light on how banks secretly manage – or mismanage – so-called cash swee...

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Funny cat on sofa with flu

FDA’s Finding on Ineffective Cold Meds Spurs Lawsuits for Big Pharma

Funny cat on sofa with flu

Executives at pharmaceutical companies and drugstore chains likely found themselves searching for solutions to soothe their own headaches and help them sleep at night after getting news last month that the Food and Drug Administration deter...

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Goodwill Impairment Problems Haven’t Gone Away

Goodwill Impairment Problems Haven’t Gone Away

Goodwill Impairment Problems Haven’t Gone Away

Remember the hubbub over goodwill impairment? Back before the coronavirus knocked the world off its axis, it was kind of a big deal. In fact, in early 2020, regulators were looking at redefining the concept of goodwill (which refers to the...

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