Two former CEOs have been banned from working again for corporates but are allowed to work elsewhere in the industry.
The NCUA’s settlement with former Western Corporate FCU Chief Investment Officer Robert Burrell has been finalized, court documents show.
Former WesCorp economist Dwight Johnston has a new home: the California and Nevada Credit Union Leagues.
Now you have it, now you do not. Puzzlement has percolated on the part of some in the industry over the insistence by the NCUA that indemnification and coverage of legal fees incurred by the onetime WesCorp officers it is suing are not owed. That is, the defendants (now down...
In new counterclaim, Todd Lane also asks for agency's claims against him to be dropped and for his legal fees to be paid.
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.”