Litigation

Recent Posts

Jury Enters $168.8 Million Verdict Against Former IndyMac Executives
Posted on 10 Dec 2012 by Michael J. Lello

LOS ANGELES - (Mealey's) A jury in a California federal court on Dec. 7 entered a $168.8 million verdict against three former officers of the failed IndyMac Bank F.S.B., finding that the individuals had been negligent and breached their fiduciary... Read More

FDIC Sues 4 Former IndyMac Executives
Posted on 15 Jul 2010 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - (AP) Bank regulators have accused four former executives of failed IndyMac Bank of negligence in making loans to homebuilders and are seeking a total $300 million in damages. The Federal Deposit Insurance Corp., which took over California... Read More