Wisconsin Banking Update
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Federal Lawsuit Filed Against Fiserv
Posted on December 7th, 2010 No commentsIn a federal lawsuit, a New York couple contends they lost $800,000 in retirement savings to a scheme operated by fund manager Daniel Spitzer and his affiliates, and a North Carolina man says he lost at least $480,000 to the Spitzer operation. The lawsuit, filed recently in New York, alleges Fiserv was the trustee of their accounts and breached its duties by failing to safeguard investor assets, the Milwaukee Journal Sentinel reported.Leave a reply