Miami: BankAtlantic Duped Investors, SEC

Post on April 17, 2015 by The Victoria Law Group 0 Comments

BB&T will soon be the proud owner of…a lawsuit.  The SEC has filed a civil lawsuit against BankAtlantic Bancorp and its chairman and CEO, Alan Levan, alleging that they misled investors in 2007. Levan called the claims “ridiculous.”  BB&T has said they will still move forward with the planned purchase.

 

Read Ina Paiva Cordle’s Miami Herald article here:

http://bit.ly/ApFzET

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Filed Under: Latin America