Bank Wants To Exit Suit Over $100M Of Special Needs Trusts

By Emily Lever (April 18, 2024, 5:21 PM EDT) -- American Momentum Bank has for the second time asked a Florida federal judge to let it get out of a lawsuit from the parents of a disabled child claiming it abetted a predatory scheme to misappropriate more than $100 million of special needs trust assets, saying the parents failed to show what role the bank played in the alleged misdeeds. ...

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