Milberg is also preparing to bring its own class-action suit against the prime brokers on behalf of hedge funds, which also believe they are being overcharged or charged for services not provided.
Lithium batteries are much more likely to experience uncontrolled high temperatures that can lead to fires if they are damaged, exposed to excessive heat, overcharged or have manufacturing flaws.
Left behind by the settlement are institutional investors in securitzed mortgages who were also overcharged and cheated by the abusive foreclosure processes.
State prosecutors are getting help from an organized group of whistle-blowers in a widening investigation into whether banks overcharged public pension funds by tens of millions of dollars for foreign-exchange transactions.