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Federal Judge Lets Investor's Suit Against Failed Bank Continue

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SPOKANE, Wash. - A federal judge in Washington on March 4 denied the motion for summary judgment filed by the former loan officer of a failed bank, finding that there are genuine issues of material fact regarding whether he made material misrepresentations and omissions in connection with a consumer's investment (Charles C. Sung, M.D. v. Mission Valley Renewable Energy LLC, et al., No. 11-5163, E.D. Wash.; 2013 U.S. Dist. LEXIS 29087)....(read more)

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