{"id":6134,"date":"2017-04-06T19:34:46","date_gmt":"2017-04-07T00:34:46","guid":{"rendered":"https:\/\/www.institutionalinvestorsecuritiesblog.com\/?p=1522"},"modified":"2022-05-19T09:36:34","modified_gmt":"2022-05-19T14:36:34","slug":"municipal-bondholders-sue-bank-oklahoma-financial","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/municipal-bondholders-sue-bank-oklahoma-financial\/","title":{"rendered":"Municipal Bondholders Sue Bank of Oklahoma Financial"},"content":{"rendered":"<p>In separate bond fraud lawsuits, two groups of municipal bond holders are suing Bank of Oklahoma Financial (BOKF), also called BOK Financial Corp. They claim that the bank was not a responsible trustee to certain conduit bondholders that were harmed by fraud.<\/p>\n<p>The first <a href=\"https:\/\/www.securities-fraud-attorneys.com\">securities lawsui<\/a>t is a class action brought by eight plaintiffs in the U.S. District Court for the Northern District of Oklahoma. They are claiming a number of causes of action, including gross negligence, aiding and abetting fraud, breach of fiduciary duty, civil conspiracy, and aiding and abetting breach of fiduciary duty.They want a jury trial and over $5M in compensatory damages.<\/p>\n<p>The second case includes 20 individuals and a company. All of them invested in conduit bonds. They brought their case in Tulsa District Court in Oklahoma and are asking for exemplary damages of up to $5M, as well as yet-to-be determined actual damages.<\/p>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/municipal-bondholders-sue-bank-oklahoma-financial\/#more-6134\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In separate bond fraud lawsuits, two groups of municipal bond holders are suing Bank of Oklahoma Financial (BOKF), also called BOK Financial Corp. They claim that the bank was not a responsible trustee to certain conduit bondholders that were harmed by fraud. The first securities lawsuit is a class action brought by eight plaintiffs in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3922],"tags":[2739],"class_list":["post-6134","post","type-post","status-publish","format-standard","hentry","category-municipal-bonds","tag-bok-financial"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Municipal Bondholders Sue Bank of Oklahoma Financial &#8212; Investor Lawyers Blog &#8212; April 6, 2017<\/title>\n<meta name=\"description\" content=\"In separate bond fraud lawsuits, two groups of municipal bond holders are suing Bank of Oklahoma Financial (BOKF), also called BOK Financial Corp. They &#8212; April 6, 2017\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/municipal-bondholders-sue-bank-oklahoma-financial\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Municipal Bondholders Sue Bank of Oklahoma Financial &#8212; Investor Lawyers Blog &#8212; April 6, 2017\" \/>\n<meta name=\"twitter:description\" content=\"In separate bond fraud lawsuits, two groups of municipal bond holders are suing Bank of Oklahoma Financial (BOKF), also called BOK Financial Corp. They &#8212; April 6, 2017\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Municipal Bondholders Sue Bank of Oklahoma Financial &#8212; Investor Lawyers Blog &#8212; April 6, 2017","description":"In separate bond fraud lawsuits, two groups of municipal bond holders are suing Bank of Oklahoma Financial (BOKF), also called BOK Financial Corp. 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They &#8212; April 6, 2017","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/municipal-bondholders-sue-bank-oklahoma-financial\/","url":"https:\/\/www.investorlawyers.com\/blog\/municipal-bondholders-sue-bank-oklahoma-financial\/","name":"Municipal Bondholders Sue Bank of Oklahoma Financial &#8212; Investor Lawyers Blog &#8212; April 6, 2017","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2017-04-07T00:34:46+00:00","dateModified":"2022-05-19T14:36:34+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"In separate bond fraud lawsuits, two groups of municipal bond holders are suing Bank of Oklahoma Financial (BOKF), also called BOK Financial Corp. 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