Investors and managers of the former Far West Federal Bank, Portland, Ore., have closed the final chapter of an eight-year legal battle against the Federal Deposit Insurance Corp.

The agency said Friday that it awarded a combined $33.8 million to more than 50 plaintiffs in the case.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.