The Street -
10 Mar 2015 16:56
NEW YORK (TheStreet) -- PNC Financial Services shares are down 1.94% to $92.70 in early market trading on Tuesday after a federal jury ordered the company to pay $391 million in damages for an alleged scam involving prepaid funerals at a now defunct St. Louis-based company.The lawsuit, filed in 2009, centers around National Prearranged Services (NPS) which sold prepaid funerals to customers who were told that the funds were supposed to be in a trust backed by life insurance policies, but whose...
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