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SEC's Suit Against BankAtlantic, CEO Handed To Jurors

By Nathan Hale (May 5, 2017, 10:26 PM EDT) -- In closing arguments Friday, counsel for BankAtlantic CEO Alan Levan called the U.S. Securities and Exchange Commission's allegations that he downplayed weaknesses in the Florida bank's commercial real estate portfolio "frivolous" and "morally reprehensible," but the agency told jurors the attacks were merely an attempt to distract....

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