The fate of Corporate America Credit Union's securities fraud lawsuit against former U.S. Central Federal Credit Union executives and volunteers is now in the hands of an Alabama federal judge: the Hon. Inge Johnson.
The $2.2 billion corporate wrapped up the first phase of the lawsuit Jan. 22, filing oppositions to defendants' expected motions to dismiss.
Corporate America President/CEO Thomas Bonds said Judge Johnson will now review the court documents and determine if the case will move forward.
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