FDIC Settles $165M Suit Against Defunct La. Bank's Execs

By Emily Enfinger · December 8, 2023, 6:10 PM EST

A Louisiana federal judge dismissed a lawsuit in which the Federal Deposit Insurance Corp., acting as the receiver of the defunct First NBC Bank, sought to recover more than $165 million from...

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Case Information

Case Title

Federal Deposit Insurance Corporation v. Ryan et al

Case Number

2:20-cv-01253

Court

Louisiana Eastern

Nature of Suit

Banks and Banking

Date Filed

April 22, 2020