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Corporate Defendants Evoke The Ghost of CapCorp Suit

Despite alleging different crimes, the three lawsuits targeting seized corporate credit unions have one thing in common: defendants are arguing plaintiffs don't have the right to sue because the charges are so-called "derivative claims."

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Despite alleging different crimes, the three lawsuits targeting seized corporate credit unions have one thing in common: defendants are arguing plaintiffs don’t have the right to sue because the charges are so-called “derivative claims.”

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