Now you have it, now you do not. Puzzlement has percolated on the part of some in the industry over the insistence by the NCUA that indemnification and coverage of legal fees incurred by the onetime WesCorp officers it is suing are not owed.
That is, the defendants (now down to onetime CEO Robert Siravo and onetime chief financial officer Todd Lane) are on the hook for their own legal fees and any other costs, according to the NCUA.
Those matters remain under litigation and final results are yet to emerge.
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