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STANLEY v. BOARD OF GOVERNORS

No. 90-3183.

940 F.2d 267 (1991)

Judith A. STANLEY, v. Edgar Stanley, Robert Marcuccilli and Wayne Roe, Petitioners, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent.

United States Court of Appeals, Seventh Circuit.

Decided August 15, 1991.

Attorney(s) appearing for the Case

Linda J. Peters, Sowers, Riebenack & Connolly, F. Walter Riebenack (argued), Fort Wayne, Ind., for petitioners.

Katherine H. Wheatley (argued), Washington, D.C., for respondent.

Before CUMMINGS, CUDAHY and RIPPLE, Circuit Judges.

CUMMINGS, Circuit Judge.

Petitioners are four former Directors of Northwest Indiana Bancshares, Inc. ("Northwest"), a bank holding company in Fort Wayne, Indiana. They seek review of an order of the Board of Governors of the Federal Reserve System ("the Board") assessing a $15,000 civil money penalty apiece against Judith Stanley, Robert Marcuccilli and Wayne Roe and a $25,000 civil money penalty against Edgar Stanley. The Board also assessed penalties against three...

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