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Ex-brokerage CEO sued over company credit card

Credit Card Chip Nimalan Tharmalingam

Sterne Agee, one of the fastest-growing brokerages in the South, sued its former chief executive officer over claims he took his corporate credit card on a decade-long spending spree for fishing boats, a yacht, a vacation condominium and ownership in a luxury ski chalet.

Bank of America to pay family $1m over robocalls

Brian Moynihan With Batphone

Bank of America will need to pay more than $1 million to a Florida couple for five years of continuously robocalling them despite written and verbal requests to stop, Consumerist reported on Thursday.