The U.S. Securities and Exchange Commission hit three former Bank of the Commonwealth executives with a lawsuit in Virginia federal court, accusing them of violating securities laws by covering up a multi-million dollar hemorrhage to investors during the 2008 financial meltdown.
SEC targets former Virginia banking executives
Most Popular Articles
Latest Articles
Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit
Ginnie Mae admits only to core facts of the case, denying all allegations, “inferences, arguments, and legal conclusions” in the complaint.
