Bank To Shell Out $5M To End Pot Co.'s Tax Payment Claims

By Theresa Schliep · June 14, 2023, 7:05 PM EDT

A cannabis-friendly banking firm has agreed to pay $5 million to resolve a former client's claims that the firm failed to pay taxes on its behalf to California, the parties told...

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Case Information

Case Title

CCSAC, Inc. et al v Pacific Banking Corp et al

Case Number

3:20-cv-02102

Court

California Northern

Nature of Suit

Contract: Other

Date Filed

March 26, 2020