Old Banc One Shareholders Securities LitigationMay 4, 2009
In re Old Banc One Shareholders Securities Litigation, N.D. Ill., Civ. No. 00 C Z100 (WRA) -- a securities class action where Zwerling Schachter achieved a settlement of $28 million in connection with the merger between Banc One Corporation and First Chicago NBD. The Class alleged that the Prospectus issued in connection with the merger contained materially false and misleading statements, including financial statements relating to Banc One's credit card subsidiary, First USA Bank, N.A.