BREAKING: High Court Vacates 7th Circ. In False Statements Case <https://www.law360.com/banking/articles/2314148?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2314148&read_main=1&nlsidx=0&nlaidx=0> By Sarah Jarvis The U.S. Supreme Court on Friday overturned a Seventh Circuit ruling that upheld the conviction of a former Chicago alderman for making false statements about loans from a defunct bank, clarifying that the federal law in question criminalizes false statements but not those that are merely misleading. Opinion attached | Read full article » <https://www.law360.com/banking/articles/2314148?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2314148&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.com/banking/articles/2314148?nl_pk=e602c558-f520-472e-90f1-02d555fb6fb0&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2314148&read_later=1&nlsidx=0&nlaidx=0>