Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Trial date set in Corporate America-U.S. Central case
BIRMINGHAM, Ala. (3/31/10)--A U.S. District Court judge in Alabama Thursday set the trial date--Dec. 6--in Corporate America CU's lawsuit against individual director defendants of U.S. Central FCU. U.S. District Judge Inge Johnson set the jury trial for 9 a.m. ET in Birmingham, Ala. A pretrial conference was scheduled for Nov. 29, according to the order filed by Johnson. In the lawsuit, Corporate America alleges that U.S. Central violated the Securities and Exchange Act of 1934 and state laws by soliciting Paid-in-Capital (PIC II) funds from member credit unions. The corporate claims U.S. Central concealed the extent of its investment losses. Defendants' answer denying the claims was filed with the court on Friday.


RSS





print
News Now LiveWire
Consumers depending heavily on financing for new autos: 84% look for loans says @Experian http://t.co/iV93NSdp0x
40 minutes ago
Consumer credit ticks up slightly in Jan http://t.co/nAmR7fyGLi
3 hours ago
RT @cumagazine: Make a good impression during your #CUNAGAC Hill visits: 8 tips http://t.co/C4gtRbQG2s
4 hours ago
Taking a walkthrough before #CUNAGAC starts this weekend. http://t.co/k9hktHjm9b
4 hours ago
There will be lots of social media action at 2015 #CUNAGAC that starts in D.C. this Sunday. http://t.co/vyP4XbtFbk
5 hours ago