August 11, 2014
The Federal Deposit Insurance Corp. and two former top executives of failed Advanta Bank Corp. are nearing a deal to resolve the independent agency's $219 million lawsuit accusing the pair of crippling the bank by increasing credit card interest rates to unprecedented levels.
June 19, 2013
The Federal Deposit Insurance Corp. launched suit Monday in Pennsylvania federal court to recover $219 million from two top executives of the failed Advanta Bank Corp. who allegedly crippled the bank and alienated customers by increasing credit card interest rates to unprecedented levels.