Small Company Is Specializing in Suing Banks
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The DataTreasury Corporation has sued companies that it says have infringed on its two patents, which describe a way to store and retrieve transaction records electronically.
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Parmalat's government-appointed administrator filed a suit yesterday against Bank of America in a federal court in North Carolina in the latest attempt by the collapsed dairy giant to recoup money from financial institutions with which it dealt.
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Business & money: Â· Doubt cast on SocGen claim of single perpetratorÂ· Employee of financial services firm is held
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A French lawyer acting for 100 small  shareholders said on Monday he had sued French Societe Generale   over the way it unbundled billions of dollars in  allegedly fraudulent share deals earlier this week.
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Thornburg Mortgage Inc., the jumbo mortgage specialist sued by the Wachovia Corporation last week, said that it repaid the $5.1 million in collateral that was the basis of the bankâs litigation.
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Business & money: Specialist teams to tackle illegal lending.
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Company outsources e-mail for small to medium businesses.
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Questions are growing about whether law firms that helped investment banks bundle home loans into securities adequately disclosed the risks to investors.
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Small boutique law firms often lack the brand name of their larger counterparts. But some hope a new network will give them additional credibility.
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Blog: Company is also in talks with the group that has sued it, according to a report in The Wall Street Journal.
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A new management team at the Small Business Administration is trying to turn the tide.
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Italian bank Unicredit is being sued by a group of minority investors in HypoVereinsbank, the German firm it bought in 2005.
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Commerce Bancorp Inc  has been sued by its founder and former chief executive, who said New Jersey's largest bank wrongly ousted him in June and owes more than $57 million of damages.
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The work may have been subcontracted to another firm.
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Hundreds of lawsuits are being filed on behalf of borrowers who legal advocates say were shoehorned into homes beyond their means with creative and onerous mortgages.
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By Dave Gallagher, The Bellingham Herald, Wash.  Feb. 11--Sandy Keathley recently dealt with a problem that many small business owners fear: Computer woes were holding her company hostage.
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Bank of America and audit firm Grant Thornton take legal action against insolvent Italian food group Parmalat.