Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Saturday, October 10, 2026
Courthouse News Service
Saturday, October 10, 2026 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

National City Corp. executives are granting themselves more than $41 million in golden parachutes in selling the company too cheaply to The PNC Financial Services Group - for $5.2 billion, or $2.23 a share - shareholders say in Delaware Chancery Court.

Medicis Pharmaceutical Group and its directed inflated share price through false and misleading statements, shareholders claim in Phoenix Federal Court.

Elan Corp. inflated the price of its securities through false and misleading statements, shareholders claim in Manhattan Federal Court.

AIG and the major investment banks are accused of inflating the price of AIG securities through false and misleading statements, in a class action in Manhattan Federal Court.

Shareholders claim four top officers of e-Smart Technologies breached fiduciary duties by wasting, diverting and misappropriating corporate assets, in Manhattan Federal Court.

Categories / Uncategorized

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.