George H. Wu

• NCUA vs. WesCorp Officers: Win Some, Lose Some

  By Robert McGarvey  |  January 23, 2012

  The pre-trial jousting in the case of NCUA vs. a roster of onetime top officers at failed corporate credit union WesCorp continued.

• NCUA Disputes Affirmative Defense

  By Robert McGarvey  |  January 16, 2012

  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...

• Game Over for NCUA MBS Suits?

  By Robert McGarvey  |  December 23, 2011

  Preliminary ruling says statute of limitations expired.

• Former WesCorp CFO Mounts Vigorous Defense in NCUA Suit

  By Robert McGarvey  |  November 6, 2011

  Former WesCorp Chief Financial Officer Todd Lane, in a point-by-point rebuttal submitted to presiding Judge George H. Wu as part of the ongoing litigation that pits NCUA against the former officers of WesCorp, has taken on every charge leveled against him by the NCUA. And, in the bargain, Lane has...

• WesCorp Defendants Strike Back in NCUA Suit

  By Robert McGarvey  |  August 31, 2011

  Filings note that NCUA had fulltime examiner on site, knew full well what investments were being made.

• Trial for Former WesCorp Executives to Proceed

  By Robert McGarvey  |  July 27, 2011

  Federal judge drops charges against outside directors in big corporate's collapse.

• NCUA Fires Another Round in WesCorp Suit

  By Robert McGarvey  |  February 25, 2011

  The NCUA's recently filed amended complaint in its court battle with Siravo, et al., runs for 63 pages, but four words in bold on the front page sum up the document: Demand for Jury Trial.

• Sun Shines in Los Angeles for WesCorp Board Members

  By Robert McGarvey  |  December 23, 2010

  In a dense, 23-page preliminary decision, Judge George H. Wu has handed out holiday cheer to former directors of Western Corporate Federal Credit Union, according to experts who have studied the decision distributed to involved parties on Monday.

• Lane Files for Dismissal in WesCorp Charges

  By Sarah Snell Cooke  |  December 7, 2010

  Attorneys for Todd Lane, former chief financial officer of WesCorp, have filed for dismissal of the charges the NCUA has brought against him in its amended lawsuit.