Wisconsin Banking Update
Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation.
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Fiserv Target of $1B Lawsuit
Posted on April 18th, 2009 No commentsBrookfield-based Fiserv was hit with a $1 billion class-action suit that contends the firm breached its fiduciary duty and bears responsibility for money lost by clients of Bernard Madoff who used Fiserv subsidiaries as custodian for pension or Individual Retirement Accounts. Read the Milwaukee Journal Sentinel article.
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