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HOOSIER BANCORP OF INDIANA, INC. v. RASMUSSEN

No. 95-3581.

90 F.3d 180 (1996)

HOOSIER BANCORP OF INDIANA, INCORPORATED, John K. Snyder and Donald E. Hedrick, Plaintiffs-Appellants, v. Jane RASMUSSEN, Individually, Christopher Sablich, Individually, Michelle M. Collins, Individually, et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided July 11, 1996.

Attorney(s) appearing for the Case

Patrick R. James (argued), Samuel Perroni, Little Rock, AK, for Plaintiffs-Appellants.

Gerald A. Coraz (argued), Office of the United States Attorney, Indianapolis, IN, for Defendants-Appellees.

Before CUMMINGS, BAUER and KANNE, Circuit Judges.

CUMMINGS, Circuit Judge.

This is one of the many suits plaintiffs filed seeking redress for what they believe was the wrongful decision of federal banking regulators to liquidate the Rushville National Bank, for which plaintiffs were formerly officers. Specifically, this is a Bivens1 action against seven employees of the Office of the Comptroller of Currency ("OCC") who were involved in the bank's closure on December 18, 1992. Plaintiffs...

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