Violation Tracker Individual Record
Company:
Bank of Louisville
Current Parent Company:
Truist Financial
Penalty:
$27,000,000
Year:
2002
Date:
March 1, 2002
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
The Bank of Louisville paid $27 million to settle most of an 8-year-old lawsuit arising from the failure of Kentucky Central Life Insurance Co.
Level of Government:
state
Action Type:
agency action
Agency:
Kentucky Department of Insurance
Civil or Criminal Case:
civil
Facility State:
Kentucky
HQ Country of Parent:
USA
HQ State of Parent:
North Carolina
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
banking
Source of Data:
Bank of Louisville settles 1993 suit with state agency, Courier-Journal, March 1, 2002 (via Nexis).
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
