Investors Reach $20M Deal Over Holding Bank's Failure

By Ryan Boysen (April 4, 2017, 3:53 PM EDT) -- A handful of hedge funds have reached a $20 million settlement in Delaware Chancery Court with the former executives and board members of defunct CertusBank over claims its leadership spent tens of millions of dollars on frivolous expenses, ran the bank into the ground and then destroyed documents in an effort to cover up the alleged wrongdoing....

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