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                    [ArticleID] => 275739
                    [Title] => CAP defends investments, downplays ‘nuisance suit’
                    [Summary] => College Assurance Plan Phils. Inc. defended yesterday the investments it has made in Bank of Commerce, the Metro Rail Transit Corp. and Camp John Hay, among others, saying all these had the consent of the Securities and Exchange Commission (SEC).


At the same time, CAP branded as a "nuisance suit" the complaint filed by lawyer Maricel Lopez accusing the pre-need firm’s officers and directors of siphoning funds of the company to bankroll the operations of the Sobrepeña family-owned companies.


                    [DatePublished] => 2005-04-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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BANCCOMMERCE

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                    [ArticleID] => 275739
                    [Title] => CAP defends investments, downplays ‘nuisance suit’
                    [Summary] => College Assurance Plan Phils. Inc. defended yesterday the investments it has made in Bank of Commerce, the Metro Rail Transit Corp. and Camp John Hay, among others, saying all these had the consent of the Securities and Exchange Commission (SEC).


At the same time, CAP branded as a "nuisance suit" the complaint filed by lawyer Maricel Lopez accusing the pre-need firm’s officers and directors of siphoning funds of the company to bankroll the operations of the Sobrepeña family-owned companies.


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abtest

CAP defends investments, downplays ‘nuisance suit’

By Zinnia B. Dela Peña | April 29, 2005 - 12:00am

College Assurance Plan Phils. Inc. defended yesterday the investments it has made in Bank of Commerce, the Metro Rail Transit Corp. and Camp John Hay, among others, saying all these had the consent of the Securities...

Business