Medford-based Century Bank, the only known financial institution in Massachusetts that banks marijuana businesses, has been named a co-conspirator in a civil Racketeer Influenced and Corrupt Organizations Act case that hopes to shut down the Georgetown-based medical marijuana dispensary Healthy Pharms.
Statutes of limitations are a defendant’s best friend. If plaintiffs do not timely file suit under these statutes, even the most dastardly and negligent defendant can avoid liability.
When real estate developers have difficulties securing permits, they often blame municipal officials for singling them out unfairly.
Wells Fargo & Co., the controversy-battered big bank, has a new problem – this time directly affecting mortgage applicants.
Lawyers who choose sides in disputes among owners of closely held businesses do so at their peril, as attorneys at WilmerHale and Gunderson Dettmer learned this summer in Baker v. Wilmer Cutler Pickering Hale & Dorr LLP. The plaintiffs’ allegations in that case are outlined below.
Two subsidiaries of IQor Holdings Inc. have agreed to pay $500,000 to agencies in five different states, including the Massachusetts Division of Banks, for unlawful debt collection practices.
The National Credit Union Administration is pushing back against a lawsuit filed by the American Bankers Association last year seeking to overturn a rule approved by the NCUA granting credit unions more flexibility to expand their membership.
A new lawsuit accuses Wells Fargo & Co. of racketeering violations and fraud after the bank admitted to charging several hundred thousand borrowers for auto insurance they did not ask for or need, causing many delinquencies.
One of the largest debt collection companies in Massachusetts will pay more than $1 million to settle a lawsuit brought forth by Attorney General Maura Healey’s Office that alleged unlawful consumer debt collection practices.
A New Hampshire-based recycling and renewable energy company has been sued for allegedly damaging protected wetland resources, illegally transporting and storing both solid and hazardous waste and failing to report releases of hazardous material.
A former Citigroup Inc. financial adviser on Monday filed a lawsuit accusing the bank of running a “boys’ club” that favored men over women, treating her as a “glorified secretary,” and firing her in retaliation for whistleblowing activity.
