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By Michelle A. Samaad |
December 18, 2011
In the ongoing pursuit to recover alleged mismanaged funds, another lawsuit tied to the collapse of New London Security Federal Credit Union has been dismissed.
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By Michelle A. Samaad |
December 14, 2011
For the second time in nearly as many months, another lawsuit tied to the collapse of New London Security Federal Credit Union has been dismissed.
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By Michelle A. Samaad |
September 25, 2011
Nearly a year and a half after several members sued the NCUA to recover $4 million involving the defunct New London Security Federal Credit Union, their case was recently dismissed by a federal court for missing a key deadline.
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By Michelle A. Samaad |
September 19, 2011
Several members suing the NCUA to recover $4 million involving the defunct New London Security Federal Credit Union missed a deadline and saw their case dismissed in federal court.
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By Michelle A. Samaad |
December 22, 2010
The five members who are suing the NCUA for what they claim was negligence on the agency's part in the collapse two years ago of New London Security Federal Credit Union will have to wait to recover any monetary damages.
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By Michelle A. Samaad |
September 8, 2010
More than two years since New London Security Federal Credit Union was liquidated after alleged investment fraud led to its
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By Michelle A. Samaad |
August 19, 2010
Five persons who filed a lawsuit against board members and staff of the liquidated New London Security Federal Credit Union are now going after the NCUA to recoup losses stemming from alleged investment fraud.
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July 28, 2010
Former board members and staff at the liquidated New London Security Federal Credit Union are among those accused by five members of negligence in a lawsuit to recoup $4 million in losses.
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By Michelle A. Samaad |
July 20, 2010
Five members of the defunct New London Security Federal Credit Union have filed a lawsuit to recoup $4 million claiming board members, staff and the CU's accounting firm among others were negligent in supervising its financial adviser.
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By Michelle A. Samaad |
June 21, 2010
In response to an NCUA complaint, the auditors for New London Security Federal Credit Union have denied claims of professional malpractice for the cooperative that was liquidated in 2008.
