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NCUA Files Suit Against Former CEO of Texans CU

DEC 20, 2012 2:23pm ET

ALEXANDRIA, Va.–NCUA has filed suit in Federal District Court in Dallas against David Addison, the former CEO of Texans Credit Union, alleging Addison breached his fiduciary duty to members and was "grossly negligent" in his management of the credit union, which is now in conservatorship.

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