Ahead of the recession, Fort Lauderdale-based BankAtlantic was a place where employees feared disagreeing with longtime leader Alan Levan — and investors suffered as a result, Securities and Exchange Commission attorneys argued Friday.
“This was Bank Levan,” SEC lawyer Russell Koonin told federal jurors to close the agency’s six-week trial against Levan and BBX Capital, which sold the bank in 2012. “You don’t cross Alan Levan.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
