Court Grants Preliminary Approval To $2.55 Million Proposed Settlement With Defendants In Ambac Erisa Litigation

The Court has granted preliminary approval to the proposed settlement of $2.55 million in Veera v. Ambac Plan Administrative Committee, et al., 10-cv-4191 (HB) (S.D.N.Y).  In his class action complaint, Plaintiff Veera brought a lawsuit against the fiduciaries of the Ambac Financial Group, Inc. Savings Incentive Plan (“Plan”) in connection with the losses suffered by more »

Prepaid Debit Card Investigation

We are investigating claims against banks for imposing unreasonable activation and monthly usage fees on prepaid debit cards.
 

Stay Updated on the Ambac ERISA Action by Liking Our Community Page on Facebook

If you are a current or former participant in the Ambac SIP, you are invited to follow the progress of the ERISA action on Facebook.  Simply Like our community page, and you will receive updates as they become available.

Lee Squitieri Named New York Metro Super Lawyer for 2010

Partner Olimpio Lee Squitieri was recently named as a Super Lawyer through a rigourous, multiphase rating process.