Defendants, claims added; jury trial scheduled for spring
Former CEO Billie Wade’s lawsuit against Citizens Union Bank is headed for a jury trial next spring – with some new defendants and claims that were added this week.
Wade, who had led CUB since 1991, left the bank in March 2010 amid state and federal reviews of the bank’s lending practices, and in July 2010 filed suit, charging wrongful termination, that the bank lied about his departure, cost him income and discriminated against him.