CORRECTED: NY Jury Acquits Abacus Bank Of Larceny, Conspiracy Charges

By Kurt Orzeck (June 3, 2015, 10:36 PM EDT) -- A New York state jury on Wednesday acquitted Abacus Federal Savings Bank, which caters to Chinese-Americans in and around New York City, of grand larceny and conspiracy charges in a suit alleging it sold hundreds of fraudulent mortgage loans to Fannie Mae, a lawyer confirmed to Law360....

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