News

Gardere Represents Former Bank Officer in SEC Dispute

08.12.14

Law360 covered U.S. District Court Judge Lynn Hughes' refusal to grant the Securities and Exchange Commission's request to bar Anthony Nocella and Russell McCann, former officers of the failed bank Franklin Banking Corp., from serving as a director or officer of a public company.  Judge Hughes found that, while Franklin Banking Corp. improperly accounted for mortgage modifications it made in 2007, there was nothing flagrant about the behavior of Mr. Nocella, former chief executive officer, or Mr. McCann, former chief financial officer, that would justify banning them.

Mr. Nocella is represented by Gardere Partners James G. Munisteri, Thomas A. Hagemann, Orin H. Lewis and Marla Thompson Poirot. Mr. McCann is represented by another Houston law firm.

A hearing on the remainder of the case is scheduled for Sept. 17. Subscribers can access the full article here.

The publications contained in this site do not constitute legal advice. Legal advice can only be given with knowledge of the client's specific facts. By putting these publications on our website we do not intend to create a lawyer-client relationship with the user. Materials may not reflect the most current legal developments, verdicts or settlements. This information should in no way be taken as an indication of future results.

Search Tips:

You may use the wildcard symbol (*) as a root expander.  A search for "anti*" will find not only "anti", but also "anti-trust", "antique", etc.

Entering two terms together in a search field will behave as though an "OR" is being used.  For example, entering "Antique Motorcars" as a Client Name search will find results with either word in the Client Name.

Operators

AND and OR may be used in a search.  Note: they must be capitalized, e.g., "Project AND Finance." 

The + and - sign operators may be used.  The + sign indicates that the term immediately following is required, while the - sign indicates to omit results that contain that term. E.g., "+real -estate" says results must have "real" but not "estate".

To perform an exact phrase search, surround your search phrase with quotation marks.  For example, "Project Finance".

Searches are not case sensitive.

back to top