TITLE

Perlitsh: WesCorp Suit Was a Hobson's Choice

AUTHOR(S)
Marx, Claude R.
PUB. DATE
March 2010
SOURCE
Credit Union Times;3/17/2010, Vol. 21 Issue 11, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on a lawsuit filed by Glendale Area Schools Federal Credit Union (FCU) against Western Corporate Federal Credit Union in the U.S.
ACCESSION #
48654569

 

Related Articles

  • WesCorp Plaintiffs Ponder NCUA Action. Blumenfeld, Matt // Credit Union Journal;1/11/2010, Vol. 14 Issue 2, p1 

    The article presents Glendale Area Schools Federal Credit Union (FCU) chief executive officer (CEO) Stuart Perltish's view about the intervention of the National Credit Union Administration (NCUA) to serve as plaintiff in a lawsuit against the former board and employees of Western Corporate FCU...

  • NCUA: Wall St. Suits Don't Undermine Its WesCorp Claims. Roberts, Ed // Credit Union Journal;7/4/2011, Vol. 15 Issue 25, p2 

    The article reports on the argument of the U.S. National Credit Union Administration (NCUA) lawyers that the suits of the agency against RBS Securities and JP Morgan should not acquit WesCorp. Federal Credit Union (FCU)'s directors and officers in the corporate failure.

  • NCUA Levels Fraud Charges in Amended WesCorp Suit. Anderson, Heather // Credit Union Times;9/8/2010, Vol. 21 Issue 34, p1 

    The article reports that an amended complaint was filed by the National Credit Union (NCUA) Board adding charges and defendants to those who were filed originally by U.S. natural person credit union members in 2009. Allegations were made against WesCorp Federal Credit Union's Robert Siravo and...

  • WesCorp Suit Alleges Negligence. Anderson, Heather // Credit Union Times;12/9/2009, Vol. 20 Issue 49, p1 

    The article reports on the lawsuit filed by seven credit unions in Los Angeles Superior Court against officers and directors accountable for the 18 billion dollars Western Corporate Federal Credit Union failure in Los Angeles, California. It notes the seven credit unions who filed for negligence...

  • CUs Sue Former Board, Management At WesCorp. Blumenfeld, Matt // Credit Union Journal;11/30/2009, Vol. 13 Issue 48, p1 

    The article reports on a lawsuit filed by a group of seven natural-person credit unions including Tulare County Federal Credit Union (FCU), Stamford FCU, and Northwest FCU against the former directors and management of WesCorp FCU over the companies' failure. The plaintiffs claim that the...

  • Some Charges Dismissed In Suit.  // Credit Union Journal;7/18/2011, Vol. 15 Issue 27, p3 

    The article reports on U.S. Judge George Wu's dismissal of charges by the U.S. National Credit Union Administration (NCUA) against WesCorp Federal Credit Union of violating the California Business Judgment Rule.

  • Credit Union Regulator Cites 2 Local Execs in Amended Lawsuit. Allen, Mike // San Diego Business Journal;9/13/2010, Vol. 31 Issue 37, p8 

    The article discusses a court case wherein a lawsuit was filed by the U.S. National Credit Union Administration against 15 former officers and and directors. The complaint alleges that the defendants, including Todd Lane of California Coast Credit and Cabrillo Credit Union Robin Lentz, were...

  • Holidays Had tongues and tail Wagging. Cooke, Sarah Snell // Credit Union Times;1/12/2011, Vol. 22 Issue 1, p4 

    In this article the author discusses issues concerning the National Credit Union National Administration (NCUA) board. The author mentions the court case against former WesCorp Federal Credit Union directors and senior executives such as chief executive officer (CEO) Bob Siravo, and the petition...

  • Tapping Brakes. Birch, Ray // Credit Union Journal;1/14/2013, Vol. 17 Issue 2, p29 

    The article offers information on the business plans of Glendale Area Schools Federal Credit Union (GASFCU) in the U.S. It states that the CU's assets will grow moderately due to current interest rate environment in the market. GASFCU's plans for moderate asset growth include maintaining...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics