August 9, 2005 |
A Sacramento County Superior Court judge on Monday tentatively rejected a move by Edward Jones & Co. to scuttle California Atty. Gen. Bill Lockyer's lawsuit against the brokerage over its mutual fund sales practices. The brokerage had contended that the suit was preempted by federal law, but Judge Brian Van Kamp tentatively rejected that argument and scheduled a hearing for today.
May 17, 2005 |
A federal judge has ruled in favor of state Atty. Gen. Bill Lockyer in his fraud suit against brokerage Edward Jones & Co., ordering that the case be tried in state, rather than federal, court. U.S. District Judge Garland E. Burrell Jr. in Sacramento on Friday remanded Lockyer's case back to state Superior Court in the capital, where the suit was filed in December. Jones had sought to have the case shifted to federal court.
February 12, 2005 |
Edward Jones & Co., a brokerage firm with more than 8,500 branches in the U.S., said Friday that it was withdrawing from a business coalition lobbying for private Social Security accounts. The decision to leave the Alliance for Worker Retirement Security followed protests by members of the AFL-CIO outside Edward Jones headquarters in St. Louis and an office in Lincoln, Neb., on Tuesday.
November 28, 1999 |
'Investors don't want to sit in front of their computers all day," says John W. Bachmann, managing partner of Edward Jones & Co., the St. Louis-based brokerage firm.
June 2, 2006 |
A state judge has thrown out California's fraud lawsuit against brokerage firm Edward Jones & Co., in another defeat for Atty. Gen. Bill Lockyer's attempt to assert authority over mutual fund sales practices. Superior Court Judge Loren McMaster in Sacramento dismissed Lockyer's 17-month-old suit against St. Louis-based Jones last week, ruling that California's case conflicts with a federal law that gives U.S. regulators sole authority to set securities-industry disclosure rules.
October 12, 2011 |
99 Cents Only Stores Inc. has agreed to be sold in a deal valued at about $1.6 billion, the deep-discount retailer said Tuesday, as investors are eyeing dollar stores that have grown in popularity during the economic downturn. The City of Commerce chain will be acquired by Los Angeles private equity firm Ares Management and the Canada Pension Plan Investment Board for $22 a share in cash, a 7.4% premium over Monday's closing price of $20.49. The chain said the current family management team will remain.