"We have hit the peak [of lawsuits] or are hitting it now," said acting FDIC general counsel Richard J. Osterman Jr. "The numbers will start coming down."

Why FDIC Lawsuits Against Failed Bank Execs Aren't Slowing

The three-year statute of limitations from when bank failures peaked has already passed, and yet filings of Federal Deposit Insurance Corp. suits against former officers and directors continue to grow.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.