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By Heather Anderson |
May 24, 2012
Most credit union leaders decline comment on order against failed corporate leaders but some criticism emerges.
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By Heather Anderson |
May 18, 2012
Two former CEOs have been banned from working again for corporates but are allowed to work elsewhere in the industry.
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By Heather Anderson |
May 17, 2012
The NCUA’s settlement with former Western Corporate FCU Chief Investment Officer Robert Burrell has been finalized, court documents show.
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By Heather Anderson |
April 9, 2012
Former WesCorp Chief Financial Officer Todd Lane and his legal team have asked U.S. District Judge George Wu’s Los Angeles federal court to drop WestCorp's case against him, pay his legal fees and award him damages, according to legal documents filed Apr. 4. Lane also demanded a jury trial.
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By Marc Rapport |
April 4, 2012
In new counterclaim, Todd Lane also asks for agency's claims against him to be dropped and for his legal fees to be paid.
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By Marc Rapport |
March 14, 2012
California judge says they have to wait until their case is cleared and then can file as creditors of the failed corporate.
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By Robert McGarvey |
March 13, 2012
Terms of settlement with failed corporate's former chief investment officer, Robert Burrell, were not released.
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March 13, 2012
Agency discounts reports that settlement reached with former WesCorp chief investment officer Robert Burrell.
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By Robert McGarvey |
March 5, 2012
The NCUA today issued a prohibition order Monday against Timothy T. Sidley, onetime chief risk officer with WesCorp.
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By David Morrison |
March 4, 2012
Defendants in the litigation flowing from the liquidation of the Western Federal Corporate Credit Union have served notice that they want to depose the NCUA in the case.