Advanta Corp. (2009)

Advanta Corp. (2009) Securities Settlement The lawsuit was settled for $13.25 million in cash. The following is a summary of the proceedings in this lawsuit: ‘This Litigation alleges that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by misrepresenting and omitting material facts about Advanta business, including its customer base, […]

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