ROCKVILLE, Md. — William Brooks, the former CEO of the $319 million Lafayette Federal Credit Union, is taking the offensive in his legal fight with his previous employer, arguing in court documents that the credit union's complaint amounts to a nuisance lawsuit meant to stifle free speech.
Lafayette charged William Brooks and William Brooks Jr., the former CEO of the CU and his son, with violating the terms of their separation agreements from jobs with the CU by allegedly speaking out against the credit union's then pending effort to convert to a mutual bank charter.
The credit union abandoned the charter change effort in a swirl of controversy over how the charter change balloting was conducted and members have since petitioned the CU for a special meeting at which some or all of the board could be recalled.
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