Seven months after a jury found him guilty of 46 counts of fraud and conspiracy for the 2017 collapse of First NBC Bank, bank founder and ex-president/CEO Ashton Ryan was sentenced to 14 years in federal prison. He will have to pay $214M in restitution.
* There's a class-action lawsuit settlement against former nursing home operator Bob Dean, sued for the botched evacuation of seven homes during Hurricane Ida in 2021. Days before the 2-year storm's anniversary, settlement checks are going out to 400 victims and their families.
* On the north shore, a Lake Pontchartrain development has hit a major stumbling block when the Mandeville City Council voted down an ordinance that would have cleared the way for the proposed Sucette Harbor apartments and hotel. What happens next? Is the project dead? (NOLA.com 09/07/23) Ashton Ryan sentenced in First NBC Bank fraud case | | nola.com
No comments:
Post a Comment