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Research Outline
Prepared for Olga F. | Delivered October 4, 2019
Due diligence
Review your project details
Goals
To perform a due diligence background search on several prospects.
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Early Findings
Matthew Kabaker
In 2014, Matthew Kabaker was named, along with other executives, as a defendant in a
class action law suit
against Santander.
Other than the class action law suit, further research reveals that there is no negative press surrounding Matthew Kabaker.
Lance West
A press search using the given terms found no negative press surrounding Lance West.
John A. Kanas
In 2011,
Kanas was sued by Capital One
for violation of a non-compete agreement. The case was settled out of court in 2012 with Kanas returning $20 million of his $24 million compensation package.
Felix Scherzer
A press search using the given terms found no negative press surrounding Felix Sherzer.
E-Trade
In 2007, Gardy & Notis, LLP filed a
class action security fraud
lawsuit against E*Trade.
In 2014, the
SEC filed
"an enforcement action against current and former brokerage subsidiaries of E*TRADE Financial Corporation" for selling penny stocks through unregistered offerings.
In 2010,
Lindsay Lohan
filed a suit against E*Trade over the company's Super Bowl commercial. The actress felt the company mocked her in the commercial. The suit was settled out of court.
There are several consumer review websites with negative reviews of the company. Sites include
ConsumerAffairs
, and
DirtyScam
.
Centerbridge Partners
A
class action law suit
was brought against Centerbridge Partners and P.F. Chang's for breaches of fiduciary duty arising out of the buyout of Chang's by Centerbridge.
Other than the class action suit, further press search found no negative press surrounding Centerbridge Partners.
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