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HYKEL v. FEDERAL SAVINGS AND LOAN INSURANCE CORP.

Civ. A. No. 70-1093.

317 F.Supp. 332 (1970)

George HYKEL and Havertown Savings and Loan Association v. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION.

United States District Court, E. D. Pennsylvania.

June 16, 1970.

Attorney(s) appearing for the Case

John G. Harkins, Jr., James T. Giles, Philadelphia, Pa., for plaintiffs.

Warren Mulloy, Asst. U. S. Atty., Arthur W. Leibold, Jr., Gen. Counsel Federal S. & L. Ins. Corp., Philadelphia, Pa., Jeffrey F. Axelrad, Dept. of Justice, Washington, D. C., for defendant.

Before KALODNER, Circuit Judge, LORD, Chief District Judge, and TROUTMAN, District Judge.

OPINION

PER CURIAM.

On March 5, 1970, plaintiff Hykel, who is the President and a Director of the Corporate plaintiff, was named a defendant in two of six counts of an indictment returned by a Grand Jury for the Eastern District of Pennsylvania. United States of America v. George Hykel et al., Criminal Number 70-104. The indictment alleges that with respect to two separate loans plaintiff Hykel acted dishonestly and in breach of his fiduciary duties in violation...

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