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Cobb, DeKalb, Fulton sue HSBC over predatory lending

Cobb, DeKalb, Fulton sue HSBC over predatory lending

ATLANTA -- Three Atlanta-area counties have filed a lawsuit claiming that British bank HSBC engaged in predatory lending that ended up costing them hundreds of millions of dollars.

Cobb, DeKalb and Fulton counties say the bank aggressively signed minorities to housing loans that were likely to fail. The counties say it caused tremendous damage, including extra expenses and lost tax revenue.

The lawsuit says the banks violated the Fair Housing Act, which provides protections against housing or renting policies or practices that discriminate on the basis of race, color, national origin, religion, sex, family status or handicap.

A lawyer for HSBC said he couldn't comment on the lawsuit, which was filed in October. A federal judge has given the bank until Jan. 25 to file a response.

Leff’s Atlanta Media launches 'News from the PR Dept.'

Leff’s Atlanta Media launches 'News from the PR Dept.'

Seven Years and Thousands of Updates Later, Leff’s Atlanta Media (www.LeffsAtlantaMedia.com) Continues to Track and Report on Atlanta’s Diverse Media Community

It’s been seven years since Atlanta public relations executive Mitch Leff launched Atlanta’s most comprehensive database of local media, Leff’s Atlanta Media (www.leffsatlantamedia.com), and the site continues to grow.  This month, the site will add a new section, “News from the PR Dept.,” tracking news items of interest to media and public relations professionals.

The new feature will appear on the Leff’s Atlanta Media blog and in the site’s monthly “Mitch’s Media Musings” newsletter and will include:

LittlePINKBook.com holds 8th Annual Fall Empowerment event

LittlePINKBook.com holds 8th Annual Fall Empowerment event

LittlePINKBook.com, the digital platform for career women, hosted its 8th Annual Fall Empowerment Event on November 13. More than 300 professional women attended the luncheon event, at the Atlanta History Center, along with more than 550 unique viewers joining via live stream. Some viewers planned gatherings of 50 or more women and leveraged the event to enhance their own business and networking meetings in cities across the globe.

The executives on the panel candidly answered questions related to their career paths to the C-Suite. Glenda Umaña, anchor at CNN en Español, was the event’s moderator. Read LittlePINKBook.com’s “Top 10 Takeaways” for favorite thoughts shared by the three panelists:

·        Teri List-Stoll, SVP and Treasurer, Procter & Gamble

Starbucks buying Atlanta-based Teavana for $620M

Starbucks buying Atlanta-based Teavana for $620M

NEW YORK -- Starbucks wants to make the tea shop as ubiquitous as its namesake cafes.

The Seattle-based company said Wednesday that it will pay $620 million in cash to buy Atlanta-based Teavana Holdings Inc., which sells high-end loose leaf teas in 300 shopping mall locations. The plan is to grow Teavana's footprint beyond the suburban mall with stand-alone shops around the world, while adding tea bars where customers can buy hot and cold drinks.

The deal marks Starbucks latest push to expand beyond its cafes, with the company facing intensifying competition from fast-food chains offering specialty coffees. Last summer Starbucks bought small bakery chain La Boulange for $100 million. Last year it added fresh-juice maker Evolution to its stable for $30 million.

MOSAIC Group Wins NADRA's Best Covered Deck Award

MOSAIC Group Wins NADRA's Best Covered Deck Award

Atlanta-based MOSAIC Group [Architects and Remodelers] won first and third places for the Best Covered Deck in the North American Deck and Railing Association's annual competition. NADRA is composed of deck builders, manufacturers, dealers/distributors, wholesalers, retailers and service providers to the deck and railing industry. The association emphasizes safe building practices and deck safety.

"MOSAIC Group's winning entry is a true outdoor living space," said Co-owner Rick Goldstein, a registered architect. "Our goal was to make a visual connection between the home and the view to the pool.

UHY Advisors’ David Barton Speaks at SecureWorld Detroit

UHY Advisors’ David Barton Speaks at SecureWorld Detroit

UHY Advisors’ Prinicipal David Barton shared his expertise on managing corporate information security at SecureWorld Detroit, held at the Ford Motor Co. Conference & Event Center, Oct. 3 - 4, 2012.  Barton presented on the topic of “Information Security in the Age of Anonymous.”  SecureWorld conferences around the country focus on the latest and most critical information related to security education, training and networking.

Barton said, “Corporate IT risk continues to grow daily.

Krystal eyes area near Perimeter Mall for new HQ

ATLANTA -- The Krystal Co. is scouting sites around Perimeter Mall for its new headquarters, according to CEO Doug Pendergast.

Pendergast announced Wednesday the mini-burger chain would relocate its corporate office from Chattanooga, Tenn., to Atlanta.

RELATED | Krystal moving corporate offices to Metro Atlanta 

The company wants about 20,000 square feet, he said, and hopes to open in February 2013, with the goal of transitioning its 60 employees by August 2013.

Krystal wants a location with good transportation access; ample meeting, conference and training space; and the necessary infrastructure to build a full test kitchen, Pendergast said. He wouldn't specify which buildings the company was looking at, but said a lease should be signed in about 30 days.