Recent News About Federal Deposit Insurance Corporation View More
A federal appeals panel has denied a former bank’s attempt to sue the Federal Deposit Insurance Corp. and upbraided the plaintiffs for legal maneuvering that "wasted a judge’s valuable time.”
Appeals panel: Lawyer who defended Wheatland Bank officers can't force bank's insurer to pay $113K in fees
A state appeals court has again turned aside an attempt by an attorney who represented two top officers at a failed bank to stick the bank's insurance company with a six-figure legal services bill, saying a trial judge was correct to side with the insurer, who argued the stiffed lawyer should have been suing the bank officers he represented.
Judge says whistleblower can't collect in FDIC action vs failed bank over appraisal fraud, because FDIC not 'government'
A federal judge has blocked the bid of a former appraisal reviewer who blew the whistle on alleged fraud at a failed suburban bank from collecting as much as a quarter of any settlement the directors of the bank may reach with the Federal Deposit Insurance Corporation, upholding the ruling of another judge who found the FDIC cannot be considered a “government” agency for the purposes of the false claims law upon which the former bank employee has staked his claim.