Despite finding errors by a Miami federal judge, an appeals court Monday let stand a decision to throw out a jury verdict against Fort Lauderdale-based BankAtlantic Bancorp in a shareholder lawsuit.
It was just one more unusual twist in the case filed by shareholders who claimed the bank holding company misrepresented its developer loan portfolio to artificially prop up its share price before it fell dramatically in the fall of 2007 as the housing bust took hold in Florida.
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