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Last year, five of the nation's largest banks reached a $26 billion pact with 49 state attorneys general over claims the lenders wrongfully seized homes.
Last year, five of the nation's largest banks reached a $26 billion deal with 49 state attorneys general over claims the lenders wrongfully seized homes.
Recovering the islands has become a popular patriotic cause in China, which says Japan wrongfully seized them as it embarked on brutal empire-building that led to the 1930s invasion of China itself.
A lawyer for the plaintiffs said he believed it was the first class-action suit charging American banks with having wrongfully seized and kept the assets of Holocaust victims.
The memo was one of two used today by Charles H. Keating Jr., the former owner of Lincoln, to press his case before Federal District Judge Stanley Sporkin that the Government wrongfully seized Lincoln.
Under the terms of the 2011 consent order, 14 banks had to hire independent consultants to analyze millions of loan records to spot any instances in which the banks might have improperly charged fees, denied loan modifications or wrongfully seized homes from borrowers current on their payments or making reduced monthly payments.
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It said police were using these secret powers to "wrongfully" seize the phone records of thousands of innocent people.
Banking regulators grew concerned that the reviews were not producing meaningful instances of banks wrongfully seizing the homes of borrowers who were current on their payments, according to these people.
Cicco's complaint cited a previous case involving an elderly California woman who accused NASA officials of wrongfully seizing lunar mementos that her late husband, an Apollo program engineer, had given her.
Two of the nation's leading banking companies, Chase Manhattan and J. P. Morgan, were accused in a lawsuit filed yesterday of wrongfully seizing bank accounts and safe-deposit assets of Jewish customers during the German occupation of France in World War II and then failing to return them after the war.
Maria V. Altmann is suing Austria and the Austrian Gallery, charging that the paintings seized from her uncle by the Nazis in 1938 were wrongfully handed over to the Austrian Gallery at end of World War II.
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