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Banc Of Calif. Says Board Never Heard Shareholder Claims

By Dunstan Prial ( December 12, 2017, 8:35 PM EST) -- Banc of California Inc. urged a California federal judge on Monday to toss a shareholder suit alleging four of its directors used a scandal tying top executives to an admitted fraudster to wrest control of the bank, saying the shareholder failed to bring his complaints to the bank's board before filing suit as required by law....

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