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By Robert McGarvey |
April 29, 2012
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...
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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.
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By Marc Rapport |
March 2, 2012
No financial terms were announced in the settlement between Timothy Sidley, the failed corporate’s former chief risk officer, and the NCUA.
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By David Morrison |
February 29, 2012
Defendants in the litigation flowing from the liquidation of Western Federal Corporate Credit Union have served notice to depose the NCUA Board.
