Litigation

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Failed Bank Investors' Securities Suit Dismissed
Posted on 19 Jan 2011 by Kevin M. LaCroix

On January 14, 2011, in a ruling that could have implications for other failed bank investors' securities class action lawsuits, Northern District of Georgia Judge Charles A. Pannell, Jr . granted defendants' motions to dismiss the securities... Read More

Tags: Haven Trust Bank , Kevin LaCroix , failed bank litigation , Litigation , lawsuit , FDIC , D&O Diary , Securities

A Failed Bank, A Lawsuit, And Some Interesting Questions
Posted on 30 Jul 2010 by Kevin M. LaCroix

Though 268 banks have failed since January 1, 2008, there has been relatively little litigation related to the failed banks, as least so far. For example, the FDIC only recently filed its first action against former directors and officers of a failed... Read More

Tags: Georgian Bankcorporation , Kevin LaCroix , Banking , failed banks , directors & officers liability , negligent misrepresentation , FIRREA , D&O insurance , Corporate Law , Georgian Bank , bank failures , banks , Litigation , lawsuit , FDIC , directors & officers insurance

  • Blog Post: A Failed Bank, A Lawsuit, And Some Interesting Questions

    Kevin M. LaCroix
    Though 268 banks have failed since January 1, 2008, there has been relatively little litigation related to the failed banks, as least so far. For example, the FDIC only recently filed its first action against former directors and officers of a failed bank (as discussed here ). There have also been relatively...
    on 30 Jul 2010

  • Blog Post: Failed Bank Investors' Securities Suit Dismissed

    Kevin M. LaCroix
    On January 14, 2011, in a ruling that could have implications for other failed bank investors' securities class action lawsuits, Northern District of Georgia Judge Charles A. Pannell, Jr . granted defendants' motions to dismiss the securities suit that had been brought by investors in the failed...
    on 19 Jan 2011