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NCUA official seal NCUA official seal. (Source: NCUA)

A judge ruled against the NCUA to sue a Louisiana CPA firm in federal court over accounting malpractice allegations involving a $13 million embezzlement case that led to the liquidation of Shreveport Federal Credit Union.

U.S. District Court Judge Terry A. Doughty in Shreveport ordered on July 13 that the case be sent back to a Louisiana state court. The NCUA also was ordered to pay the CPA firm, Heard, McElroy & Vestal (HMV), $7,500 in attorney fees and other costs.

Peter Strozniak

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