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Litigation

Jul. 19, 2014

Bank inks settlement with lawmakers over campaign treasurer's theft

In an unusual case, attorneys for Sen. Dianne Feinstein, several U.S. and state legislators and nonprofits have reached a $4 million settlement with First California Bank of Los Angeles relating to theft by a former campaign treasurer.


By Chase Scheinbaum


Daily Journal Staff Writer


In an unusual case, attorneys for Sen. Dianne Feinstein, several U.S. and state legislators and nonprofits have reached a $4 million settlement with First California Bank of Los Angeles on claims that the bank aided a former campaign treasurer in stealing millions.


The claims centered on the bank's role in former treasurer Kinde Durkee's theft of $7 million from campaign and nonprofit cof...

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