California judge says they have to wait until their case is cleared and then can file as creditors of the failed corporate.
Terms of settlement with failed corporate's former chief investment officer, Robert Burrell, were not released.
The NCUA today issued a prohibition order Monday against Timothy T. Sidley, onetime chief risk officer with WesCorp.
No financial terms were announced in the settlement between Timothy Sidley, the failed corporate’s former chief risk officer, and the NCUA.
MAUI, Hawaii — Much noise was made following the NCUA’s issuance of its regulation concerning the responsibilities of federal credit unions’ boards of directors last year. But Brian Witt, partner with Farleigh Wada Witt, despite some insurance providers’ assertions, said “I don’t think your personal risk is greatly increased.”
Mark your calendar: Feb. 27, 10 a.m. PST, 255 East Temple St., Los Angeles, in Courtroom 580 - 5th floor.
The pre-trial jousting in the case of NCUA vs. a roster of onetime top officers at failed corporate credit union WesCorp continued.
Legal fireworks continue to explode in the Los Angeles courtroom of Judge George H. Wu as the onetime top officers of WesCorp and the NCUA wrangle over the extent to which the regulator’s monitoring of the actions of WesCorp officials can be used as an excuse that saves them from...
Western Bridge members are being invited to a series of town hall meetings that Catalyst Corporate Federal Credit Union is planning in January and February.
Despite an earlier indication from the NCUA that the regulator hoped to reach a decision about how best to dispose of the assets of conserved corporate Western Bridge in November, that month came and went with no announcements.