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In the Courts

By ljnstaff | Law Journal Newsletters
April 02, 2017

Tenth Circuit Affirms Claims Bar Order in $24 Million Case

On March 9, 2017, a three-judge panel of the U.S. Court of Appeals for the Tenth Circuit affirmed U.S. District Judge Robert Shelby's approval of a settlement that barred several IRA account owners from filing individual claims against the custodian bank. The case revolved around the fallout from a $24 million IRA fund embezzlement scheme by a former American Pension Services (APS) executive.

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