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In re BankAtlantic Bancorp, Inc. Securities Litigation
Case Number:
0:07-cv-61542
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- David R. Chase PA
- Fowler White Burnett
- Gelber Schachter
- Kessler Topaz
- Labaton Keller
- Stearns Weaver
- Stull Stull
- Vianale & Vianale
Companies
Sectors & Industries:
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April 25, 2011
Judge Reverses BankAtlantic Loss In Fraud Case
A Florida federal judge on Monday overturned a jury's verdict that BankAmerica Bancorp Inc. should pay damages because its executives misled investors about the risk in the company's $530 million loan portfolio.
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November 18, 2010
BankAtlantic Lied About Loan Risks, Jury Finds
A federal jury has found that BankAtlantic Bancorp Inc. failed to disclose the extent of risk in its troubled loan portfolio in what the plaintiffs' attorney said was the first securities class action sparked by the financial crisis to go to trial.