November 14, 2025
A receiver for a Puerto Rican bank has standing to pursue fraud claims against its owners and directors over what it describes as a $28 million fraud that led to the bank's collapse, a Florida federal judge ruled Friday.
September 15, 2025
The wife of a former Puerto Rican bank CEO asked a Florida federal judge Friday to dismiss the bank receiver's $7 million conspiracy claim against her, arguing that simply signing a loan note is not proof that she knowingly joined any scheme to defraud the bank.
July 10, 2025
A Florida federal judge Thursday blocked the deposition of a former Puerto Rican bank CEO in a suit alleging a $28 million fraud while a related criminal case is pending against him, but suggested the plaintiffs move forward requesting other documents and depositions that would not implicate the CEO's Fifth Amendment right.