BANKING EXPERT WITNESS CASE STUDIES

Commercial Lender Left Without Collateral After Borrower Defaults BANKING Expert Case

This industrial loan case involves a lawsuit against an attorney who represented a lender. The lender was making a loan to be secured by several properties. After the loan was made, the borrower defaulted and it was learned that the borrower did not o …

Credit Underwriting Scheme Causes Significant Customer Delinquency BANKING Expert Case

This case involves a company that allegedly lowered their underwriting standards in an attempt to drive sales, which resulted in an increase in customer delinquency and the provision for bad debt. In an attempt to enhance the company’s growth, they drastic …

Bank is Accused of Assisting in Ponzi Scheme Fraud BANKING Expert Case

Bank is Accused of Assisting in Ponzi Scheme Fraud

This case involves a group of investors that invested in an investment firm that turned out to be perpetrating a Ponzi scheme. The principal of the investment firm had previously been convicted of fraud. The firm banked with the bank in question and used t …

Asset Broker Accused of Neglected Fiduciary Duties BANKING Expert Case

Asset Broker Accused of Neglected Fiduciary Duties

This is a securities fraud case where a broker, the employee of a large asset management firm in Illinois, was accused of breaching his fiduciary duty. While soliciting loans from the firm’s clients and claiming personal financial distress, the broker a …

Investment Experts Discuss Bank Fraud BANKING Expert Case

Investment Experts Discuss Bank Fraud

This was a class-action lawsuit under the Securities Exchange Act of 1934 against a major financial firm in West Virginia. It was alleged that the company’s capital market sale of student loans bundled into Synthetic Collateralized Debt Obligations, or syn …

Business Expert Witness Opines on Bad Lending Practices BANKING Expert Case

Business Expert Witness Opines on Bad Lending Practices

This case takes place in Pennsylvania and involves the evaluation of loans by a national bank which was closed by the Office of the Comptroller of the Currency (OCC). The central issue in this case involves “Other Real Estate Owned” (OREO) assets were due  …

Bank Sued over Government Loan Service BANKING Expert Case

Bank Sued over Government Loan Service

…  lawsuit over loan benefits necessitated an expert in banking, specifically in dual tracking of foreclosing and pursuing business …