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BECKLEY – The directors of a Virginia-based bank have asked a federal judge to dismiss them from a $1 billion lawsuit filed by Gov. Jim Justice, his wife, his son and 15 Justice family companies accusing them of illegally blocking the companies from doing business with other lenders.
A complaint filed on Monday in U.S. District Court for the Southern District of West Virginia on behalf of Gov. Justice, his wife Cathy, and son Jay, along with 15 of the companies owned by the family, states for more than 16 years the Justices enjoyed a remarkably productive partnership with Carter Bank and, as a result, Carter Bank became the primary lender of the Justice's generating millions of dollars a year in interest and profits for the Bank, allowing it to grow from a small institution to a significant regional presence throughout southwest Virginia and the south.
BECKLEY – A Virginia-based bank is asking a federal judge to hold off on a request by the network of businesses owned by Gov. Jim Justice’s family to seal the case.
BECKLEY – Gov. Jim Justice, his wife, his son and 15 Justice family companies have filed a federal lawsuit against a Virginia-based bank and its board for more than $1 billion in damages.