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25/4

Settlement Announced – Bank Overdraft Litigation

Today, the attorneys for plaintiffs and defendants filed a joint notice of settlement of the class action against Citizens Financial Group, Inc. RBS Citizens, N.A., and Citizens Bank of Pennsylvania. According to the notice, the Citizens’ defendants agreed to pay $137.5 million in exchange for a full release. The class action settlement is subject to ...

Posted on in Uncategorized, by paperstreet

18/4

Confirmation of Arbitration Awards

An arbitrator’s failure to make an award within the time limits set out by Florida’s arbitration code does not automatically require dismissal of a motion to confirm the tardy award. In SEIU Florida Public Services Union, CTW, CLC (“FPSU”), v. City of Boynton Beach, on April 18, 2012, the Fourth District Court of Appeal reversed ...

Posted on in Business Litigation Litigation Securities Arbitration Securities Litigation Uncategorized, by paperstreet

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