Tag Archives: Investments

Investment adviser fraud claim settles pre-suit for $18.85 million (access required)

 Settlement Report Type of action: Investment adviser fraud/negligence Injuries alleged: Loss of investment, fees paid to advisers Case name: Case settled confidentially without filing suit Court: Wake and Mecklenburg counties Verdict or settlement: Settlement Date: Spring 2010 Amount: $18.85 million         ...

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Borrowers get $10M setoff on counterclaim against Wachovia (access required)

An arbitrator has awarded Cameron and Dee-Dee Harris (the “Borrowers”) more than $10 million as a setoff in an arbitration against Wachovia. Wachovia accelerated the loan and initiated the arbitration, asserting that a loan-to-collateral default had occurred. The Borrowers responded ...

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