Reich v. Valley National Bank of Arizona

BVLaw
Full Text of Court Cases
August 19, 1993
6021 National Commercial Banks
522110 Commercial Banking
breach of fiduciary duty
breach of fiduciary duty, employee stock ownership plan (ESOP)

Reich v. Valley National Bank of Arizona
837 F. Supp. 1259, 1993 U.S. Dist. LEXIS 11837
US
Federal Court
New York
United States District Court
Motley

Summary

This is an action brought by the Secretary of Labor against Valley National Bank of Arizona (Valley) and others for breach of fiduciary duty in connection with an ESOP.