We are investigating claims on behalf of PNC Bank customers with mortgages who have been forced placed insurance. When a borrower’s homeowner’s, hazard, flood or wind insurance policy lapses, the bank holding a mortgage may “force place” insurance on the borrower. However, many banks have turned this into a profit center by placing that insurance more »
UBS Puerto Rico Municipal Bonds and UBS Bond Funds, including the UBS Tax Free Puerto Rico Fund II Investigation
October 9, 2013 By
Squitieri & Fearon, LLP is investigating claims for investors who have lost money by investing through UBS in Puerto Rico municipal bonds or bond funds. We are investigating claims that UBS brokers encouraged investors to buy Puerto Rican municipal bonds and were suggesting that their brokerage customers borrow money on home equity lines of credit to more »
Blackrock iShares Fiduciary Breach Investigation
June 17, 2013 By
Squitieri & Fearon, LLP is investigating claims for investors and participants in retirement plans and pension plans in certain BlackRock iShares funds. Our claims center around what we say is a scheme to funnel revenues to affiliates of iShares and BlackRock at the expense of investors in iShares funds. We are investigating whether BlackRock and more »
Potentially Mismanaged iShares Funds
June 17, 2013 By
Below is a list of funds that may have suffered losses as a result of fiduciary breaches. To learn more about our investigation, or to report a claim, click here. Asset Class Symbol Fund Name Equity AAIT MSCI All Country Asia Information Technology Index Fund Equity AAXJ MSCI All Country Asia ex Japan Index Fund… more »
Court Grants Preliminary Approval To $2.55 Million Proposed Settlement With Defendants In Ambac Erisa Litigation
October 1, 2012 By
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 »
Report Your Case: Antitrust College/Bank Financial Aid Partnership Investigation
June 1, 2012 By
We are investigating claims against colleges and banks for improper fee sharing arrangements related to students’ financial aid disbursements.