Class Action Against Directors, Auditor, and Underwriter of Failed Franklin Bank Dismissed on Scienter Grounds

The directors and auditors of Franklin Bank have beat back a class action by Franklin’s preferred and common stockholders alleging the bank recklessly or intentionally misled investors about the quality of its loan portfolio.

View full post on Law.com – Newswire

, , , , , , , , , , ,

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Get Adobe Flash player
SEO Powered by Platinum SEO from Techblissonline
© 1992-2012 DC2NET™, Inc. All Rights Reserved