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Citigroup persuaded a federal appeals court to force a group of Revlon creditors to return more than half a billion dollars it accidentally sent them.
September 8
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Bank of America is facing off in court with the bond insurer Ambac Financial Group in a $2.7 billion case that's one of its last legal hangovers from the subprime crisis.
September 7
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A former money manager for Celsius Network deceived the company about his investing abilities and lost or stole tens of millions of dollars in assets, the bankrupt crypto lender alleged in a lawsuit Tuesday.
August 23
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Wells Fargo bungled the 2020 sale of Occidental Petroleum shares on behalf of an employee trust, leading to millions of dollars in losses when the bank failed to execute trades as planned before the COVID-19 pandemic tanked the stock market, a judge in Texas ruled.
August 19
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Citigroup has sued Revlon in a bid to resolve a nagging legal question that emerged after the bank mistakenly wired $900 million to the cosmetics giant's lenders and intensified after Revlon filed for bankruptcy.
August 15
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The remittance provider claims the Consumer Financial Protection Bureau worked to ensure it could file the case in a venue that would be more receptive to its claims.
August 11
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FleetCor Technologies' CEO successfully pitched small businesses on "a better way to pay" for gas, making himself a billionaire in the process. But that success was built in part on falsely advertised rebates, concealed transactions fees and a host of other unfair practices, a federal judge ruled.
August 11
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Loomis, Sayles & Co. sued Citigroup, alleging the bank caused more than $70 million in losses while executing two separate trading orders that swamped the market.
August 8
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Equifax, the second-biggest global credit bureau, was hit with a proposed class-action lawsuit after a report that it provided inaccurate credit scores on millions of U.S. consumers looking for loans.
August 4
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The bank and insurance company for military members accused Truist Financial of infringing on the technology it claims it invented that allows the use of regular mobile devices to capture and transmit checks.
August 3
