Latest Update: Download the Amended Complaint
Click on the icon below to download the 59-page pdf document of the amended complaint that five Wisconsin school districts filed on April 22, 2009.
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News Links
- March 11th, 2010:Stifel to return $78,000 to investors, pay $130,000 in penalties...
- January 29th, 2010:Kimberly Area School District notches important win...
- January 28th, 2010:Judge allows school districts' lawsuit over soured investments to continue...
- January 28th, 2010:Wis. schools suit over soured investments proceeds...
- January 28th, 2010:European Bank DEPFA Bank Threatens Default on Loans...
- January 3rd, 2010:As complex investments plunge, 5 school districts pressured over loans...
November 18th, 2009:Wall Street Plays Hardball...
- October 1st, 2009:Stifel Charged With Fraudulent ARS Sales In Colorado, Indiana...
Shepherd Express - May 5th, 2009:
Q&A with Les Leopold, author of The Looting of America...
- May 18th, 2009:School districts have spent $765,000 on suit over investments...
- April 24th, 2009:Kimberly Area School District's investment tumbles...
Milwaukee World - April 23rd, 2009:
New Allegations in Reopened School Districts V. Stifel Case...
- April 14th, 2009:Lawyers: School districts' lawsuit better off in Wisconsin court system...
- April 10th, 2009:Wi School lawsuit case remanded to state court...
Milwaukee World - April 10th, 2009:
Randa's Remander: School District's Suit Back to State Court...
- April 10th, 2009:School investment lawsuit won't go to federal court...
- April 6th, 2009:Teachers Find Retirement in Jeopardy...
The Daily Reporter - March 19th, 2009:
Economy slows Kenosha school construction...
- March 12th, 2009:Missouri Sues Stifel Nicolaus...
CORRECTION: February 9th, 2009:
From the Milwaukee Journal Sentinel...
- February 8th, 2009:5 state school districts request bailout for investments gone bad...
- February 6th, 2009:CDO Hot Topic at Board Forum...
- Archive: February 6th, 2008:KUSD's CDO Investment...
Milwaukee World - January 21st, 2009:
CNN Money Airs School Lawsuit Segment...
- January 21st, 2009:Five School Districts Thrust Into National Spotlight Over Lawsuit...
OR watch the video...
- January 21st, 2009:Wall Street crisis snares Main St. schools...
OR watch the video...
- December 17th, 2008:Federal filings: investor's finances, home questioned...
- December 12th, 2008:School districts dispute financier's residency...
- December 7th, 2008:Refresh: Jurisdiction challenged in school district lawsuit...
Archive:
- December 3rd, 2007:Innovating Our Way to Financial Crisis...
- November 25th, 2008:District Official Reiterate Investment was $1.2million...
- November 21st 2008Credit and Credibility...
AUDIO:
- November 18th, 2008:Lenny in the Morning Show...
- November 17th 2008:School districts call CDO action ‘delaying tactic’...
- November 7th 2008:Stifel sued over failed global investment...
- November 7th, 2008:Wisconsin Schools Shocked By Bad Investment...
Listen Now...
- November 4th, 2008:Wis. Schools' Money Tied To At-Risk German Bank...
Listen Now...
- November 4th, 2008:Kimberly Area School District's investment lawsuit moved to federal court...
- November 2nd, 2008:Wis. School Investment Has Worldwide Implications...
Listen Now...
- November 1st, 2008:From Midwest to M.T.A., Pain From Global Gamble...
- October 14th, 2008:School districts were told of investments’ risks, firm says...
- October 8th, 2008:Editorial: Kimberly schools get hard lesson...
- October 7th, 2008:Districts had some warnings about risky investments, documents show...
- October 2nd, 2008:CDO suit not a sure thing...
Waxing America - October 2nd, 2008:
Investing Public Funds - Regulation and Education Is Needed...
- October 1st, 2008:5 school districts sue companies for investment deal...
- October 1st, 2008:Wisconsin Schools Sue Royal Bank Over Losses, Post Reports...
VIDEO:
- October 1st, 2008:School District Sues Investment Firm...
- October 1st, 2008:Wisconsin schools sue RBC for losses...
- October 1st, 2008:Firm files CDO suit for Unified...
- October 1st, 2008:Waukesha School District joins $200 million lawsuit over investments...
- September 30th, 2008:5 school districts sue companies for investment deal...
- September 30th, 2008:Districts' lawsuit claims they were duped into investment...
- September 30th, 2008:Kimberly joins other schools in lawsuit to recoup investment...
- September 23rd, 2008:Kimberly gets school budget flexibility...
- September 7th, 2008:Lawsuit costs divvied up...
- August 27th, 2008:Several Wisconsin School Districts May Sue Firms Over OPEB CDOs...
- August 21st, 2008:Kimberly school district feels duped by ‘fraud’...
- August 21st, 2008:Report: Investments misled Waukesha School District...
- August 20th, 2008:Five school districts consider lawsuit in investment downturn...
Links
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Kimberly Area School District
School District of Waukesha
West Allis-West Milwaukee School District
Whitefish Bay Schools
Wisconsin Circuit Court Access (CCAP)
Wisconsin Department of Public Instruction:
- School Finance System Overview
- Employee Benefit Trust Fund
Kravit Hovel & Krawczyk sc
Shepherd Smith Edwards & Kantas LLP
60 Minutes Link
Wall Street's Shadow Market
Download Source Documents
The Second Amended Complaint
Indiana Securities Division Document:
DORA Press Release:
DORA Press Release:
Schools Reply to RBC brief opposing motion for remand...
Schools' Reply to Stifel brief opposing motion for remand...
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Schools' Reply to Stifel brief opposing motion for remand...
Stifel's Agreement
The GOAL Presentation
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