FDIC Sues Frmr CEO, Directors of Failed $1 Bil Bank
Bank of Commonwealth failed in 2011
Sept. 23, 2014
By TIM McGLONE The Virginian-Pilot – McClatchy-Tribune Information Services
NORFOLK, Va. — A new lawsuit has been filed against former Bank of the Commonwealth chief executive officer Edward J. Woodard Jr., ex-chairman Richard Tavss and eight other board members seeking at least $11 million in damages from alleged negligent banking practices.
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