TARP is winding down...bring on the lawsuits. Within the next week, the US government is set to sue a dozen banks for billions in losses caused by those banks' misrepresenting the risks of mortgage-backed securities. This is in addition to numerous State Attorneys General suing the banks for failing to reach an agreement in foreclosure abuses. Insurance giant AIG will also be suing BofA to recoup losses over the mortgage bonds. BofA had also agreed to a settlement of $8.5 billion to cover losses from soured mortgage debt issued through Countrywide. Deutsche Bank is suing WaMu. Goldman Sachs already settled with the SEC for $500 million for their fraud and have been sued by othersseeking to recover losses. [more inside]
posted by darkstar on Sep 1, 2011 - 56 comments

Steve Carell may be hilarious in the office, but how much would his jackass behavior cost in real-life? clips (youtube)
posted by tylerfulltilt on Feb 13, 2007 - 47 comments

I made my claim. Have you? This Web site was established to provide information about a proposed Settlement of lawsuits brought by Attorneys General of 43 states, Commonwealths and Territories, and by counsel for the Plaintiff Settlement Class entitled In re: Compact Disc Minimum Advertised Price Antitrust Litigation. You may be a member of the Settlement Group and your rights against Defendants may be affected if you are a person or entity that purchased these prerecorded Music Products from a retail store during the period of January 1, 1995 through December 22, 2000.
posted by Witty on Jan 7, 2003 - 12 comments

Is there really a $7 billion lawsuit against the Bush administration -- filed on behalf of 14 of the victims' families -- charging that he let 9-11 happen on purpose? Seems like kind of a weird thing for a few web sites to fabricate, but a google search doesn't reveal many mainstream news sources. And what do folks think of the "Let It Happen On Purpose" theory... or more importantly, the evidence that the theorists cite?
posted by queequeg on Aug 16, 2002 - 17 comments

Legal fun with SeanBaby - The Probe sinks its teeth into America's favorite pasttime - morons using the legal system to profit from their own idiocy.
posted by badstone on Oct 18, 2001 - 15 comments

Verizon sues Covad for creating thousands of false trouble tickets. So that's why my DSL took so long!
posted by josh on Jun 13, 2001 - 17 comments