October 14, 2011
The former CEO of failed Orion Bancorp Inc. on Friday asked a judge to reconsider allowing a handful of employee claims in a putative class action alleging the company failed to disclose its declining financial stability while encouraging employees to invest in company stock.
September 26, 2011
A Florida federal judge on Monday trimmed a class action accusing Orion Bancorp Inc. of failing to disclose its declining financial stability while encouraging employees to invest in company stock, finding many allegations lacked sufficient factual information.