Monthly Archives: July 2012

Facebook Shareholder Derivative

On July 5, 2012 Tostrud Law Group, P.C. filed a shareholder derivative claim against Facebook, Inc. and certain Facebook officers and directors. The lawsuit alleges, among other things, breaches of fiduciary duties relating to the Facebook IPO.  For further information regarding this case, please contact Jon Tostrud or Anthony Carter at 310-278-2600.

US Bank Announces Overdraft Fee Settlement

On July 2, 2012 US Bank announced that it was resolving overdraft fee litigation for $55 million.  Tostrud Law Group, P.C. currently represents bank and credit union members in overdraft fee litigation in numerous state and federal courts around the country.  If you would like further information, please contact TLG.