Washington Mutual Finance News

A recurring rumor re-emerged Wednesday this time in Australia that Puget Sound-based international investment advisory company Russell Investments may be for sale.

Investors in Washington Mutual Inc.'s trust-preferred securities and die-hard litigants pursuing cases stemming from the largest collapse in U.S. banking history are readying for a last-ditch fight against the company's $7 billion Chapter 11 plan.

A Manhattan judge with a reputation for being tough on white collar crime will preside over a $78 million insider trading case.

JPMorgan Chase & Co., the biggest U.S. bank by assets, reached a preliminary agreement to pay $110 million to settle litigation saying it gouged customers on overdraft fees for checking accounts, court records show.

Filed for bankruptcy: Sept. 26, 2008, one day after regulators seized its banking operations and sold them to JPMorgan Chase FOUR OF THE FIVE board members represent equity holders; the fifth, who will represent the new company's lenders, will be named later.

A A announced the names of its four nominees to the Board of Directors for the reorganized Washington Mutual Inc.

Investors in Washington Mutual will drop a lawsuit against the failed bank under a settlement approved by a Delaware judge.

Investors in Washington Mutual will drop a lawsuit against the failed bank under a settlement approved by a Delaware judge.

Washington Mutual Inc. Wednesday persuaded a bankruptcy judge to consider wiping the slate clean of allegations that major hedge funds engaged in insider trading during the $7 billion bankruptcy.

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