Minneapolis Business Lawyer

Nationstar Mortgage LLC and Centex HomeEquity LLC are being sued by nearly two dozen home loan borrowers.  The plaintiffs claim that Nationstar and Centex forced them into bad loan situations that have resulted in numerous financial hardships and destroyed credit scores.
Additionally, the claim alleges that there were numerous violations of the Truth In Lending Act […]

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Microsoft has annouced that is will sell its Greenfield online Internet survey business to ZM Capital.
The company plans to acquire the consumer shopping site while at the same time hand off the survey business to ZM Capital.  This event should have some time in the 4th quarter.   There aren’t any contingencies expected on this deal. 
The […]

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Renovo Holdings Company has announced that they will enter into the beverage industry.  This appears to be an exciting move for the company as they have outlined specific goals for future.
The president of the company stated that the business intends to become a dynamic beverage company with product targeting specific Latin American markets […]

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A class action lawsuit was settled against International Creative Management (ICM) yesterday for $4.5 million dollars over age discrimination. This is the first of 23 class action suits against major TV network and production studios to settle. The remaining suits involve companies such as ABC, CBS, Disney, Fox NBC Universal, Columbia, and Warner Brothers.
The suit […]

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UBS, the Swiss banking giant, made an agreement to settle charges that made against them from investor who bought auction-rate securities.  Investors believed that they were misled by UBS investment advisors who claimed that auction-rate securities were safe, cash-equivalent accounts.
 
The scandal is on-going involving many of the major financial firms from all […]

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