Doral, Florida, USA – January 1, 2022: U.S. Century Bank headquarters in Doral, Florida, USA. U.S. Century Bank is an American community bank. (Credit: JHVEPhoto/Adobe Stock)
U.S. Century Bank shareholders filed a $30 million federal class action in Miami over allegations current and former corporate directors allegedly committed a breach of fiduciary duty to enrich themselves and the “out-of-state people” at the private equity funds they represent that hold the financial institution’s preferred stock, allegedly at the expense of the community they serve.
Jorge Piedra is among the partners at Kozyak Tropin & Throckmorton who represent the approximately 300 plaintiff shareholders against multiple defendants, including Luis de la Aguilera, president, CEO and chairman of the board of the bank and parent company, USCB Financial Holdings Inc.
Attorney Jorge Piedra. (Courtesy photo)
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
