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FDIC Files Record Number of Lawsuits in 2012 – 2015 UPDATE
UPDATE 2: We in fact did see a significant decrease in O&D lawsuits in the past few years: [pullquote]“The FDIC will not bring civil suits against directors and officers who fulfill their responsibilities, including the duties of loyalty and care, and who make reasonable business judgments on a fully informed basis and after proper…
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FDIC issues FIL addressing proper use of Bank information
Although a quick read of this FIL makes it seem that it only addresses the proper use of confidential information after the institution is placed into receivership,…Read the rest of the article