Opus Bank Cuts $17M Deal To End Suit Over Risky Loans

By Dorothy Atkins (January 30, 2018, 9:57 PM EST) -- Opus Bank has agreed to pay $17 million to settle investors' claims that the bank and its executives misled them on the quality of its loans, causing its stock to drop by 21 percent, according to court documents filed in California federal court Tuesday....

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