Monday, August 3, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found

Lost/dognapped: Black Lab/Pyrenees male puppy, about 30 pounds, vaccination tag on collar, last seen on Wood Valley Dr., Wood Valley Acres, Adkins, Sat., July 18 around noon. 210-827-9533.

VideoLost: Heifer, near 1303 and Country View Land, went missing on June 24, reward! 210-838-0667.
Lost July 4th male Chihuahua white with brown spots walks slow older dog went missing in Poth last seen walking down FM541 call 8304009851 if you seen him snowball
More Lost & Found ads ›

Help Wanted

DRIVER needed, 51 year old business needed a delivery driver, guaranteed 40 hours per week, day trips only, overtime rate is time and a half, paid health insurance. Contact Jason at Pogue Agri Partners, Inc., Kenedy, Texas. Call 830-583-3456 or email Jason@pogueagri.com.
Kitchen staff and cook needed. Apply within at Brietzke General Store & Cafe, 9015 F.M. 775, New Berlin.
More Help Wanted ads ›

Featured Videos





Video Vault ›
WCN printingWCN essential oilsWCN your news your way subscribe

Breaking News


Multistate Coalition Reaches $58.75 Million Settlement with Wachovia




E-Mail this Story to a Friend
Print this Story
Attorney General
December 8, 2011, 2:00pm
1,643 views | Post a comment

AUSTIN -- Texas Attorney General Greg Abbott and 25 other state attorneys general today reached a $58.75 million agreement with Wachovia Bank N.A. that will resolve the States’ antitrust investigation into the bank’s marketing of municipal derivatives.

Under the agreement, $54.5 million in restitution will be available to eligible governmental and nonprofit entities that entered into municipal derivative agreements with Wachovia between 1998 and 2004.

Qualifying governmental and nonprofit entities will be notified if they are eligible for restitution. To obtain the dollars available to them under the settlement, eligible entities must submit a claim and follow the process provided in the agreement. Texas-based entities are eligible for approximately $2.7 million in restitution from Wachovia.

The agreement negotiated by the multistate coalition addresses unlawful conduct that was investigated, in part, by the Securities and Exchange Commission (SEC), the Office of the Comptroller of the Currency (OCC) and the Internal Revenue Service. Under today’s agreement, Wachovia will also pay $3 million directly to the working group as an additional payment for investigative costs and fees and a $1.25 million civil penalty. Today’s agreement also requires Wachovia’s continued cooperation with the States’ ongoing investigation.

Texas played a lead role in the multistate effort, which included state attorneys general from Alabama, California, Colorado, Connecticut, District of Columbia, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Massachusetts, Michigan, Missouri, Montana, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee and Wisconsin.

Thus far, the multistate coalition has secured agreements with Bank of America, JPMorgan Chase & Co., Wachovia Bank and Switzerland-based UBS AG totaling nearly $310 million to remedy anticompetitive conduct in the municipal derivatives market.
 

Your Opinions and Comments


Be the first to comment on this story!


You must be logged in to post a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Breaking News Archives


Connally Memorial MC breaking news banner
Southern Electric
Malcolm's Custom Welding
Heavenly Touch homeauto chooserAllstate & McBride RealtyVoncille Bielefeld homeTriple R DC ExpertsDrama Kids

  Copyright © 2007-2015 Wilson County News. All rights reserved. Web development by Drewa Designs.