One of the primary reasons I have posted so sparsely lately is due to my responsibilities on what is possibly the largest lawsuit against a West Virginia bank ever. We have filed suit against the State’s largest bank – United Bank. There are now several dozen plaintiffs who have joined the suit. I agreed to hold off posting any details on the matter due to one major newspaper’s efforts at publishing an expose’ on the case.
After following the case for over a month, the reporter submitted a large article, which was to be published on the front page. In true West Virginia fashion, United Bank was apparently able to pull the plug on the story, an order which apparently came from the corporate owner of the newspaper. I have since learned that United Bank is the financial institution for that corporation. Did they threaten to call in a loan? Who knows. It’s a great wake-up call when you learn these type of things – that the news you read in a newspaper is not necessarily all the news that is fit to print, but rather all the news fit to print which also fits the political agenda of the corporate owners.
Anyways, here is the latest Amended Complaint, which shows that sometimes truth is stranger than fiction. A new Amended Complaint is set to be filed within the next two weeks containing the numerous additional plaintiffs, which I will post after it is filed.