Ohio Federal Court Rules That Bank is Not Liable Under Ohio Securities Act for Providing Ordinary Banking Services to Customers Who Operated Ponzi Scheme
By EsqSocial Corporation 20/01/17
In a January 10, 2017 decision, United States District Judge Thomas M. Rose in the Southern District of Ohio ruled that plaintiffs, who claimed to be investors in a Ponzi scheme operated by customers of PNC Bank, failed to state a claim against PNC...
By: Reed Smith