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Former WesCorp CFO Demands Jury Trial in NCUA Case

In new counterclaim, Todd Lane also asks for agency's claims against him to be dropped and for his legal fees to be paid.

By Marc Rapport | Updated on April 04, 2012

WesCorp’s former chief financial officer on Wednesday asked the federal court in Los Angeles hearing the NCUA’s case against the failed corporate’s executives to order the agency to drop its complaints against him, pay his legal fees and award him damages.

Todd Lane also demanded a jury trial. He made the requests in an amended counterclaim to an amended complaint by the NCUA in the case arising from WesCorp’s 2009 collapse under the weight of investment losses and subsequent conservatorship by the federal regulator.

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