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: Bodily Injury BlogBank Ordered to Pay Damages for Defrauding Couple
By Edward Bills
A Kentucky jury has ordered Branch Banking & Trust to pay $10.6 million in damages for defrauding a Louisville couple, recounts the Louisville Courier-Journal. In the lawsuit, the couple claimed that Bank of Louisville and its parent company BB&T used false information to induce them into loan agreements that ultimately destroyed their family business. The verdict includes $9 million in punitive damages for malicious conduct by BB&T.
Full post as published by Bodily Injury Blog on April 01, 2009 (boomark / email).
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