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Smith et al v. Orion Bancorp, Inc. et al
Case Number:
2:10-cv-00339
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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October 14, 2011
Ex-Orion CEO Wants Surviving ERISA Claims Tossed
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.
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September 26, 2011
Orion Bank Officers Get Most ERISA Claims Slashed
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.