Puerto Rico Bank Sues Ex-Execs Over Legal Fee Approvals

By Sydney Price · January 24, 2024, 8:35 PM EST

The holding company and sole shareholder of Puerto Rican bank Bancredito proposed a derivative class action alleging its former executives went behind the backs of the board members to make payments...

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Case Information

Case Title

Bancredito Holding Corporation v. Driven Administrative Services, LLC et al

Case Number

3:24-cv-01036

Court

Puerto Rico

Nature of Suit

Stockholders Suits

Date Filed

January 23, 2024