Comerica Stock News

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Comerica Incorporated (“Comerica”) (NYSE: CMA) breached their fiduciary duties to Comerica and its shareholders. CLICK HERE TO LEARN MORE Scott+Scott is investigating whether members of Comerica's board of direct...

The artificial intelligence rally over the past two years, led by the so-called Magnificent 7, has been remarkable if you owned those stocks.

Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%.

NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and charging illegal ATM fees. The agency's complaint centers on the Direct Express program, which Comerica Bank has administered on behalf of the Department of the Treasury since 2008 and enables about 3.

The Consumer Financial Protection Bureau filed a complaint on Friday against Comerica Bank, accusing the bank of failing to administer a federal benefits program that uses prepaid debit cards. The lawsuit claims Comerica Bank "intentionally terminated" more than 24 million customer service calls, charged over 1 million cardholders ATM fees they didn't owe and mishandled fraud complaints.

The CFPB accused the Comerica banking subsidiary of deliberately hanging up on millions of Direct Express cardholders' customer service calls, impeding them from exercising their legal rights, charging them with illegal ATM fees and mishandling their fraud complaints.

Regional lender Comerica Bank faces allegations it systematically mistreated millions of mostly disabled and elder customers and could pay penalties under new civil enforcement action, the U.S. watchdog agency for consumer finance announced Friday.