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Federal Deposit Insurance Corporation Retains Zuber & Taillieu

Los Angeles (September 15, 2011) – The Federal Deposit Insurance Corporation has retained Zuber & Taillieu LLP to represent it in connection with the investigation of claims against former officers, directors, and other parties responsible for the failure of banks located in California, Arizona, and Kansas. These investigations are a crucial step in recovering losses to the FDIC’s deposit insurance fund resulting from negligent and reckless actions by bank officers and directors.  Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation’s banking system. The FDIC insures deposits at the nation’s 8,246 banks and savings associations, and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed.