SEC's Suit Against BankAtlantic, CEO Handed To Jurors

By Nathan Hale · May 5, 2017, 10:26 PM EDT

In closing arguments Friday, counsel for BankAtlantic CEO Alan Levan called the U.S. Securities and Exchange Commission's allegations that he downplayed weaknesses in the Florida bank's commercial real estate portfolio "frivolous"...

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Case Information

Case Title

Securities and Exchange Commission v. BankAtlantic Bancorp, Inc. et al

Case Number

0:12-cv-60082

Court

Florida Southern

Nature of Suit

Securities/Commodities

Date Filed

January 18, 2012