December 2, 2023

SEC slaps GC with lifetime ban for role in bank failure

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 […]