11th Circ. Backs BankAtlantic Win In Investors' Fraud Suit
By Ian Thoms ( July 23, 2012, 4:58 PM EDT) -- The Eleventh Circuit on Monday affirmed a Florida federal judge's decision to overturn a jury verdict that BankAtlantic Bancorp Inc. should pay damages because its executives misled a class of investors about the risk in the company's $530 million loan portfolio....
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