The NCUA's Chairman Rick Metsger defends contingency legal fees associated with failed corporate credit unions.
NetDiligence reports the average breach affects 3.2 million records; the financial services sector is a top target.
ALEXANDRIA, Va. -- NCUA agrees to pay for credit monitoring for Palm Springs FCU's members, staff time and legal fees.
The NASDAQ stock exchange has agreed to pay a $10 million penalty for violations that occurred during Facebook's IPO and its aftermath, the SEC said.
Louisiana Corporate Credit Union has emerged victorious from a decade-long suit involving the liquidation of National Century Financial Enterprises. The corporate, in an announcement last week, said it has agreed to a $600,000 settlement with Credit Suisse, the last remaining defendant in the securities fraud case.
CEO David Savoie says 98% of losses recovered. Legal fees at 10% sharply lower than NCUA contingent fees.
NCUA inspector general responds to California congressman's concerns about legal fees for Wall Street suits over securities losses.
No financial terms were announced in the settlement between Timothy Sidley, the failed corporate’s former chief risk officer, and the NCUA.
Mark your calendar: Feb. 27, 10 a.m. PST, 255 East Temple St., Los Angeles, in Courtroom 580 - 5th floor.