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Banco Popular Class Action Settlement of Securities Class Action Lawsuit

Banco Popular Securities Fraud Class Action Lawsuit Settled For $37.5 Million.

A class action settlement has been reached in a securities class action lawsuit against bank holding company Popular, Inc. (“Popular” or “Banco Popular” or “Defendant”) in federal district court in Puerto Rico (styled Hoff v. Popular, Inc. et al, Class Action Case No. 3:09-cv-01428) alleging, among other things, that Banco Popular deceived investors about its financial position by allegedly filing financial statements that included millions of dollars in alleged improper deferred tax assets, according to the Banco Popular securities class action lawsuit settlement news report.

If You Have Thoughts On The Banco Popular Securities Class Action Lawsuit Settlement, Share Your Class Action Settlement Comments Below.

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  • Mark Nieves July 25, 2012, 6:32 pm

    I am trying to find out the firm who handled this Class Action Against Banco Popular above , Only because I have a family and myself in deep derision with Banco Popular .
    1 is my sister inlaw was scammed out of her deed to her fully paid home in puerto rice and Banco Popular refuses to give her deed based on her exhusband obataining 3 personal loans that SHE NEVER signed for or approve and because her exhusband and Bank Manager where best friends he now refuses to return her deed , also they Liened her property based on a third party loan PERSONAL at That to her EX , she never signed or authorized but held responcible, what world do we live in that , a bank can hold a customer liable, I am looking for a PRO BONO lawyer to sue Banco Popular my email is mnieves007@msn.com please forward…
    Mark A concerned……

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