OceanFirst Bank reached a $15 million settlement with the U.S. Department of Justice over claims that the company “redlined” Black, Hispanic, and Asian neighborhoods in three New Jersey […]
International Crypto Bank Faces New York Securities Fraud Class Action Lawsuit
An international cryptocurrency bank has been hit with a securities fraud class action lawsuit in a federal district court in New York after the CEO of its parent […]
Moore & Van Allen File $4.1M Breach-of-Contract Suit on Behalf of Bank
Attorneys with Moore & Van Allen have filed a lawsuit on behalf of a bank in a Charlotte, North Carolina, court, seeking an outstanding balance of more than […]
Prosecutor: Tom Girardi Used His Clients’ Money ‘Like a Personal Piggy Bank’
Tom Girardi used his law firm to pay for private jets, luxury cars, jewelry and “the entertainment career of his former wife,” a federal prosecutor told jurors during […]
Truist Bank, Others Sued For Alleged Fraud of Family-Owned Jewelry Company
Attorneys with Fox Rothschild filed a fraud suit in North Carolina state court this week on behalf of a family-owned jewelry company, accusing several shell companies of spoofing a digital banking […]
What the bankruptcy of the Silicon Valley Bank means for our financial institutions
Many of us still get shivers down our spines when we hear about bank failures and bailouts. After all, it wasn’t even fifteen years ago when we experienced […]