February 26, 2021

SEC slaps GC with lifetime ban for role in bank failure

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By Sue Reisinger, from Corporate Counsel The federal government has permanently barred William Caughran, the general counsel for now-defunct Superior Bank and its holding company, Superior Bankcorp, from serving as an officer of a public company. And he must pay a $150,000 fine for his role in the bank’s alleged defrauding of investors. Caughran, whose […]