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A former board member of the $3.8 billion Municipal Credit Union has voluntarily dismissed his lawsuit that sued the New York-based financial cooperative and the NCUA.

A federal judge for the Southern District of New York is expected to approve the voluntarily dismissal with prejudice in May, according to court documents. In an April 19 letter to U.S. District Court Judge Katherine Polk Failla, former MCU board member Mark Brantley wrote he is voluntarily dismissing his lawsuit “due to the toll the case has taken on my family and me.”

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Peter Strozniak

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