Wednesday, 1 April 2015
Last updated 2 hours ago
Mar 24 2014 | 1:03pm ET
A federal judge has signed off on another piece of JPMorgan Chase’s $2.7 billion Bernard Madoff settlement.
U.S. District Judge Colleen McMahon approved a $218 million deal to end class-action litigation against the bank, which served Madoff for decades. In January, another judge signed off on JPMorgan’s $1.7 billion settlement with federal prosecutors, in which the bank acknowledged wrongdoing.
McMahon said the class-action settlement “easily meets the standards” for approval. She also awarded the law firms that brought the cases $18 million in fees.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…