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Bank Investor Wants Maduro-Connected Board – Law360

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EXCERPT

A majority shareholder of Florida’s Eastern National Bank is seeking to oust board members with ties to Venezuelan President Nicolas Maduro who allegedly devised a self-enriching stock compensation plan, adding that the bank’s operations could cease over $20 million in losses stemming from a U.S. government investigation.

10/5/22
Law360
León Cosgrove Jiménez, LLP
León Cosgrove Jiménez, LLP
León Cosgrove Jiménez, LLP is a leading complex business and commercial litigation law firm serving clients worldwide.

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