October 31, 2024
A California federal judge found Latham & Watkins LLP and its ex-client, former Banc of California CEO Steven A. Sugarman, in civil contempt for "flagrant violations" of a protective order covering discovery produced by investment firm Muddy Waters Capital in a securities fraud class action, according to an order unsealed this week.
March 18, 2020
A Robbins Geller Rudman & Dowd LLP team was awarded attorney fees of more than $6.5 million for its work on a securities class action accusing Banc of California and its former CEO of hiding ties to the notorious white collar fraudster Jason Galanis.
October 31, 2019
A class of investors asked a California federal judge on Wednesday to sign off on a proposed $19.75 million settlement with Banc of California over its alleged ties to white-collar fraudster Jason Galanis.
September 18, 2018
Banc of California is taking fire from two sides as it seeks to rein in the possibility of seven-hour depositions for four of its directors, with both a class of investors and the bank's former CEO arguing that it has no justification for limiting access to its directors in the class action over its ties to a notorious white collar fraudster.
June 01, 2018
A California federal judge on Thursday granted certification to a class of investors targeting Banc of California and its former CEO for allegedly hiding extensive ties to the notorious white collar fraudster Jason Galanis.
September 07, 2017
A California federal judge on Wednesday refused to throw out a proposed class action targeting Banc of California and its former CEO for hiding extensive ties to inveterate white collar fraudster Jason Galanis, saying the suit adequately pleads its claims of deceit.