Kingfisher County, Oklahoma, Court Issues Order in Pending Case
2005年6月8日 - 8:18AM
ビジネスワイヤ(英語)
Gold Banc Corporation, Inc. (Nasdaq:GLDB) (Gold Banc) announced
today that it received an order in the case of Wayne E. Janzen, et
al., vs. Gold Banc Corporation, Inc., et al., pending in Kingfisher
County, Oklahoma. As previously described in Gold Banc's Form 10-Q
for the quarter ended March 31, 2005, the plaintiffs in this case
allege that Gold Banc's subsidiary bank violated Farm Service
Agency (FSA) regulations by charging interest rates and fees on FSA
guaranteed agricultural loans higher than the interest rates and
fees it charged its average agricultural customers. The court's
order certified the case as a class action covering "those
agricultural customers who obtained a FSA guaranteed loan between
January 1, 1999 to February 29, 2004." Malcolm M. Aslin, Chief
Executive Officer of Gold Banc, stated, "We disagree with the
court's decision and plan to immediately appeal the class
certification order." Oklahoma law allows a defendant or a
plaintiff to immediately appeal a class certification order instead
of at the conclusion of the case. "We continue to believe Gold Banc
has valid defenses to the plaintiffs' claims and intend to
vigorously defend this lawsuit," continued Aslin. Gold Banc
previously announced that on January 26, 2005, the Federal District
Court for the Western District of Oklahoma granted Gold Banc's
motion to dismiss a proposed class action case filed by H.D. Young,
et al. against Gold Banc, GBC Kansas, Inc. and Gold Bank, which
involved similar claims regarding its FSA guaranteed loan program.
On February 2, 2005, the same plaintiffs whose federal claims were
dismissed re-filed their claims in the District Court for Washita
County, Oklahoma. On May 19, 2005, the District Court for Washita
County, Oklahoma, granted Gold Bank's motion to dismiss with
prejudice the state case, which order is subject to confirmation in
a written order by the court and may be appealed by the plaintiffs.
About Gold Banc Gold Banc Corporation, Inc. is a financial holding
company headquartered in Leawood, Kansas, with over $4.4 billion in
assets. Gold Banc provides banking and wealth management services
in Florida, Kansas, Missouri, and Oklahoma through 38 banking
locations. Gold Banc is traded on NASDAQ under the symbol GLDB.
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