WebJul 15, 2015 · BMO Harris Bank agreed to pay $16 million to settle litigation tied to the Tom Petters Ponzi scheme that cheated investors out of $3.5 billion. The settlement, filed Thursday in a Florida ... WebNov 9, 2024 · The lawsuit against BMO Harris originated in 2012 and sought to recoup $1.9 billion — an amount the trustee based on sums Petters transferred from an account …
BMO Harris to Appeal Verdict in Petters Litigation - Yahoo Finance
WebJul 1, 2024 · Approximately 135,000 Class Members have about 160,000 registered accounts. A 2024 ruling in the BMO class action lawsuit, filed in 2006, found the Bank of Montreal defendants liable for breaches of trust, contract, and fiduciary duty in charging certain undisclosed foreign exchange fees on RRSPs and other accounts. The Court … WebNov 8, 2024 · As previously disclosed, the lawsuit alleges that between 1999 and 2008, before it was acquired by BMO Harris in 2011, M&I (and a predecessor bank) facilitated … bandaa hatch end menu
BMO Harris bank sued in Petters case – Twin Cities
WebNov 8, 2024 · Federal jury awards record $564M verdict against BMO Harris Bank in Tom Petters case. A federal jury in St. Paul on Tuesday afternoon awarded $564 million in damages in a lawsuit filed in ... WebNov 10, 2024 · An estimated $400 million in prejudgment interest, dating back to when the case was filed in 2012, means BMO Harris could be liable for about $1 billion, said Doug Kelley, the bankruptcy trustee ... WebDec 14, 2024 · BMO Harris Bank, N.A., Case No. 15-cv-1023-pp, see flags on bad law, and search Casetext’s comprehensive legal database ... She concluded—correctly, in this court's view—that this lawsuit against BMO Harris is a continuation of the plaintiff's efforts to try to sue BMO Harris for events surrounding the foreclosure, despite the fact that ... banda aidone