Ex-FDIC Staffer Pushes To Nix Verdict For Bank-Secret Theft

Law360, New York (September 18, 2019, 9:22 PM EDT) -- A former senior employee at the Federal Deposit Insurance Corp. on Wednesday asked a New York federal judge to overturn her conviction for stealing banks’ confidential regulatory filings, saying the evidence at trial failed to prove the documents had any value.

Allison Aytes last year was convicted of two counts of theft of public property for taking copies of banks’ resolution plans, or “living wills,” which regulators can turn to for information in the event of a big bank’s collapse, for Deutsche Bank AG, State Street Corp., and Northern Trust and Bank of New York Mellon.

Prosecutors say she lifted the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!