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01/31/2012 11:22:00 AM EST

Judge Rules That Plaintiffs Failed To Plead Due Process Claims Against Bank

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LexisNexis® Financial Services Litigation News

GRAND RAPIDS, Mich. - Plaintiffs in a lawsuit against a bank and its subsidiary have failed to state a claim for violation of their constitutional right to due process, a federal judge in Michigan ruled Jan. 10 in dismissing the plaintiffs' complaint (ESCO Group, Inc. v. Mercantile Bank of Michigan, et al., No. 10-1159, W.D. Mich.; 2012 U.S. Dist. LEXIS 2595). View today's headlines and listen to the latest podcast at www.lexisnexis.com/legalnews Do you have news to share? Interested in writing a commentary article? Email the Mealey News Desk at Mealeys@LexisNexis.com Full story on lexis.com