Wednesday, August 7, 2013

Civil Suits Target Alabama One


The Tuscaloosa News is reporting that four lawsuits filed in Tuscaloosa County Circuit Court in July are seeking unspecified damages from Alabama One Credit Union and Tuscaloosa businessman Danny Ray Butler.

Three of the civil suits allege fraud and other actions involving the financing and ownership of three business projects.

The fourth lawsuit claims the credit union made an unauthorized transfer of money from a customer's equity line of credit account to Butler.

Read the story.

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