A family member of Corus Bankshares Inc.'s Chief Executive Officer Robert J. Glickman sold most of his stake in the Chicago-based bank holding company.

Murray Galinson, Glickman's brother-in-law, has slashed his holdings of the company's stock to 68,900 shares, or a 0.1% stake, from about 3.6 million shares, or a 6.5% stake, he and his wife owned a year ago, according to a filing with the Securities and Exchange Commission.

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