Doral, Florida, USA – January 1, 2022: U.S. Century Bank headquarters in Doral, Florida, USA. U.S. Century Bank is an American community bank. (Credit: JHVEPhoto/Adobe Stock)
U.S. Century Bank shareholders filed a $30 million federal class action in Miami over allegations current and former corporate directors allegedly committed a breach of fiduciary duty to enrich themselves and the “out-of-state people” at the private equity funds they represent that hold the financial institution’s preferred stock, allegedly at the expense of the community they serve.
Jorge Piedra is among the partners at Kozyak Tropin & Throckmorton who represent the approximately 300 plaintiff shareholders against multiple defendants, including Luis de la Aguilera, president, CEO and chairman of the board of the bank and parent company, USCB Financial Holdings Inc.
Attorney Jorge Piedra. (Courtesy photo)
