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Home / Opinion Digests / Bank Officers Face Negligence Claims (access required)

Bank Officers Face Negligence Claims (access required)

In this suit alleging that plaintiff Federal Deposit Insurance Corporation, as receiver, suffered $216 million in losses due to this North Carolina bank’s failure, the 4th Circuit says the district court erred in granting summary judgment to defendant bank officers on the FDIC-R’s claims of ordinary negligence and breach of fiduciary duty, but the court ...

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