HOUSTON - The Federal Deposit Insurance Corp. could decide Dec. 14 whether to settle legal claims that it wrongfully seized bankrupt First City Bancorporation of Texas last year, the bank said.

In a statement, the bank said the FDIC board will be asked at its next meeting to authorize a settlement, though a spokesman declined to detail what the terms would be. First City has said that if negotiations fail, it will probably proceed with a lawsuit, filed in September, alleging misconduct by the agency.

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