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Banc Of Calif. Must Face Suit Over Takeover, Investor Says

By Dean Seal ( May 7, 2018, 7:47 PM EDT) -- A Banc of California Inc. investor asked a California federal judge on Friday to keep alive his suit alleging four directors improperly wrested control of the bank by exploiting other executives' ties to an admitted fraudster, saying he was not legally required to bring the claims to the bank's board before filing his suit....

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