May 28, 2014
Former Advanta executives reach $13.25M settlement with investors
Dennis Alter and other former executives at Advanta Corp. have reached a $13.25 million settlement of a class-action lawsuit alleging that investors who acquired Advanta shares between Oct. 16, 2006, and Jan. 30, 2008, were misled about the condition of the now defunct Montgomery County credit card lender.
Banker's assistant accused of taking money
WHITEMARSH The former head of a banking company whose failure cost customers and investors tens of millions of dollars has accused his former executive assistant of withdrawing cash and buying herself airline tickets, hotel stays, and other items totaling $6,843 with his credit card.