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The article reports on the ruling issued by U.S. Magistrate Judge Charles Everingham IV that Pilgrim's Pride Corp. was involved in price manipulation of chicken in 2009.

The article reports on a lawsuit against Wells Fargo & Co. by an employee who claimed that she signed foreclosure affidavits without her needing to examine them in 2010.

The article focuses on the response issued by Kenneth Lewis, former chief executive officer (CEO) of Bank of America Corp., against a civil fraud lawsuit filed against him by New York Attorney General Andrew Cuomo.

This article reports on the temporary restraining order won by Bank of America to freeze one billion U.S. dollars of Colonial BancGroup Inc. assets. According to U.S. District Judge Adalberto Jordan, the move was needed due to Colonial's near-collapse state. The lawsuit filed by Bank of America is aimed at protecting its claim on Colonial loans, In its complaint, Bank of America contends that the refusal of Colonial to turn over proceeds or underlying loans expose other entities to losses if Colonial is seized by banking regulators.

The article reports on the lawsuit filed by M&T Bank Corp. against Deutsche Bank AG and money manager HBK Investments LP over a soured $82 million investment in mortgage securities known as collateralized debt obligations (CDO). The suit alleges that the German bank withheld from the ratings agencies material information about the quality and default problems that Deutsche was experiencing with CDOs that it manufactured from risky consumer loans. Deutsche and HBK both owned some securities backed by subprime mortgage assets in which M&T invested.

The article reports on the $300,000 paid by Merrill Lynch & Co. to settle an investigation by New York Stock Exchange (NYSE) regulators regarding the alleged violations made by Merrill trader John Vedovino who is claimed to have changed the trading accounts of Merrill clients in 2003 to improve the holdings of a favored hedge-fund client. Vedovino was terminated by Merrill on August 4, 2003 and joined Bear Stearns Cos.