Convicted Ex-Taylor Bean Head Asks 4th Circ. For Retrial

Law360, New York (January 24, 2012, 8:05 PM EST) -- Convicted securities fraudster and ex-Taylor Bean & Whitaker Mortgage Corp. Chairman Lee Farkas last week asked the Fourth Circuit to overturn a jury verdict and give him a new trial, saying a lower court judge had rushed the proceedings and improperly prevented Farkas from retaining his choice of attorneys.

Farkas' Jan. 18 appeal follows his conviction in April by a Virginia federal jury on 14 counts of conspiracy and bank, wire and securities fraud, in what government lawyers called one of the longest and largest bank...
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