A Michigan state court judge has reportedly postponed a trial in which former customers of Lotus Bancorp in Novi, Mich., had filed a lawsuit against the bank's executives for sending racist emails.

A group of Indian-American businessmen claim Lotus President Neal Searle and Chief Financial Officer Richard Bauer sent emails to each other in which they made racially insensitive remarks that were insulting to people of Indian descent, Crain's Detroit Business reported.

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