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LR bank accepts payout by court

One Bank & Trust gets $3.03 million

Posted: May 15, 2014 at 2:59 a.m.

Little Rock-based One Bank & Trust will receive more than $3 million in a partial settlement of a case involving $17.7 million that the federal government seized last year from an insurance policy on the bank's former chairman and chief executive officer, U.S. District Judge Brian Miller ruled Tuesday.

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