SEC charges BankAtlantic, CEO Levan with misleading investors about loan risks

Investors and the public were misled about the deteriorating condition of BankAtlantic Bancorp, the SEC has alleged in a lawsuit filed in federal court. The suit alleges that BankAtlantic and its chairman, Alan Levan, made misleading statements in public filings, and also committed accounting fraud.

View full post on Law.com – Newswire

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