BankAtlantic Bancorp misled investors about its banking subsidiary’s financial health as South Florida’s commercial real estate market headed downhill in the recession, a Miami federal jury found today in a shareholder class action. The verdict could be a harbinger for financial institutions around the nation, which, like BankAtlantic Bancorp, rode the real estate wave until it crashed.
Jury: BankAtlantic misled investors
By damg|2010-11-27T23:45:22+00:00November 27th, 2010|Uncategorized|Comments Off on Jury: BankAtlantic misled investors
Charleston area police respond to the scene of a two car crash. How will they generate an accident report and how is this information used later?May 26th, 2020