Anthony Froio Elected Chair of Executive Board and Managing Partner of Robins Kaplan
MINNEAPOLIS--(BUSINESS WIRE)--Mar 12, 2024--
Source: valdostadailytimes.com
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MINNEAPOLIS--(BUSINESS WIRE)--Mar 12, 2024--
The award represents the largest single amount recovered for people who were hurt in Minnesota's worst business fraud.
TORONTO - BMO Financial Group will record a $1.12-billion provision after a U.S. jury found it liable in relation to a Ponzi scheme alleged to have been facilitated by a bank it bought.
The Canadian-owned bank vowed to appeal the large verdict, which illustrated the risks that banks take on when they shoulder the liabilities of companies they acquire.