Panel Revives Fraud Suit On Merchant Cash Advance Cos.
Panel Revives Fraud Suit On Merchant Cash Advance Cos. <https://www.law360.com/banking/articles/1885757?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-10-03&read_main=1&nlsidx=0&nlaidx=5> By Ryan Harroff An Ohio state appeals court revived part of S&T Bank Inc.'s suit against more than 30 merchant cash advance companies that it accused of working with convicted fraudster Harold Sosna to help him run a check-kiting scheme that cost the bank $58 million. Decision attached | Read full article » <https://www.law360.com/banking/articles/1885757?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-10-03&read_more=1&nlsidx=0&nlaidx=5> | Save to favorites » <https://www.law360.com/banking/articles/1885757?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-10-03&read_later=1&nlsidx=0&nlaidx=5>
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Gunnar Larson