An Arizona doctor's lawsuit against the former members of the board of directors for a now-defunct bank in Manhattan for their alleged roles in defrauding him through a workers' compensation insurance investment scheme is being sent to a federal trial court in New York. The U.S. District Court for Arizona on Wednesday ruled that it did not have jurisdiction over the one-time officers of Park Avenue Bank. The court ruled that, based on the scope of litigation pursued over the fallout of his investments and the descriptions of his wealth in his complaint, Dr. Bruce Kingsley had ample mea...
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