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NCUA Files Suit Against Former Texans CU CEO

DEC 20, 2012 8:19pm 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 now is in conservatorship.

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