Update on Volkswagen Diesel Fraud Case

We filed an action in Butte County on May 17, 2018 with the intent of having a jury decide punitive damages. We would be the first party to bring the defeat device case to jury trial.  Peer reviewed studies proved thousands of people with lung diseases died from the fraud.  

 

Coming Soon Cannabis Credit Union?

Posted by Fred Fletcher on Thursday, June 29, 2017 Under: Banking
Good news yesterday on the Banking issue. A Federal Court of Appeals ruled a Credit Union's lawsuit to force the Federal Reserve to issue it a master account is valid. Unless the Supreme Court overrules this decision, banking could soon open to the cannabis industry. 



Presently the lack of banking is a major roadblock to most cannabis businesses. Many in the industry have experienced account closures, forfeiture, denied access and uncertainty

“By remanding with instructions to dismiss the amended complaint without prejudice, our disposition effectuates the judgment of the two panel members who would allow the Fourth Corner Credit Union to proceed with its claims,” the Court wrote in the June 27 opinion." 

We will continue to update this story. 

In : Banking 


Tags: banking  cannabis  credit union  federal reserve 

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