Tagged: one bank & trust

Gary Rickenbach Offers Conditional Guilty Plea in One Bank Case

by Gwen Moritz 11/24/2015 11:37 am

Gary Rickenbach, the former senior executive vice president of One Bank & Trust of Little Rock, offered a conditional guilty plea in federal court provided the judge agrees to sentence him to two years of probation.

BHL Makes Claim Against OneFinancial on Maumelle Office Building

by Arkansas Business Staff 11/23/2015 12:00 am

Johnelle Hunt, through BHL Financing LLC, filed a lien on the Parker Building in Maumelle in connection with a default judgment of $14.7 million against OneFinancial, the holding company of One Bank & Trust.

One Bank Sues Insurance Broker Over 11-Year-Old Loan

by Arkansas Business Staff 11/16/2015 12:00 am

One Bank sues Debra Hoag, the Chicago insurance broker who helped arrange the $20 million life insurance policy for the late Layton “Scooter” Stuart

Investment Group Headed by Johnelle Hunt Alleges Fraud in One Bank Lawsuit

by Arkansas Business Staff 11/9/2015 12:00 am

Extraordinary items have provided the $329 million-asset One Bank & Trust with three quarterly respites from losses during the past 18 months. But more courtrooms await the bank since being sued by BHL Financing

John Hancock Insurance Loan to Scooter Stuart Gains New Life in Lawsuit

by George Waldon 11/9/2015 12:00 am

Layton "Scooter" Stuart received a $20 million life insurance policy with his family trusts as the beneficiaries. His alleged abuse of the trusts and his borrowing privileges on the policy are the basis of a federal lawsuit headed for trial in February.

James Schnoes, One Bank & Trust (Bank CFO Finalist)

by Arkansas Business Staff 10/26/2015 12:00 am

The J.B. Hunt family lured James Schnoes away from banking back in 1988, which led to more than 20 years of trucking-related work. In 2013, Johnelle Hunt lured him back with an assignment to help reverse the financial fortunes of One Bank & Trust of Little Rock.

Settlement Will Boost One Bank’s Capital

by George Waldon 10/5/2015 12:00 am

A financial decision that Layton “Scooter” Stuart made in the weeks preceding his death in March 2013 is breathing fiscal life into Little Rock’s One Bank & Trust. The de facto capital injection is happening in a way that he didn’t plan and couldn’t have foreseen.

One Bank Announces Settlement Over 'Scooter' Stuart Money

by Arkansas Business Staff 10/1/2015 11:50 am

One Bank & Trust of Little Rock on Thursday announced the settlement of an $18 million lawsuit over assets seized from entities connected with the late Layton "Scooter" Stuart, its former CEO.

Parties Close to Final Settlement Over 'Scooter' Stuart Money

by George Waldon 9/28/2015 11:39 am

The final paperwork is nearing completion on a settlement agreement that will boost the equity capital at Little Rock's One Bank & Trust by $6.9 million.

Countdown Ticks: Cash Or Court for One Bank & Trust?

by George Waldon 9/14/2015 12:00 am

The third anniversary of the regulator-mandated regime change at Little Rock’s One Bank & Trust is approaching. The national bank has endured a tumultuous ride since Layton “Scooter” Stuart was removed as chairman, president and CEO on Sept. 28, 2012.

One Bank & Trust Lawsuit Moves to Federal Court

by Arkansas Business Staff 9/7/2015 12:00 am

The legal donnybrook was started by Donna Adams, former senior vice president at Little Rock’s One Bank & Trust. She sued the bank, its president and CEO, Jerry Pavlas, and its chief financial officer James Schnoes.

'Scooter' Stuart Family, Bank Reach Settlement Over $14.9M Forfeiture

by George Waldon 7/27/2015 12:45 pm

A tentative settlement has been reached in the civil forfeiture of $14.9 million seized from Layton "Scooter" Stuart and his estate. The development has led to the postponement of the scheduled start of a trial in U.S. District Court on Aug. 17.

Federal Prosecutors Sue Scooter Stuart's Estate, Family Trusts

by Gwen Moritz 7/8/2015 10:27 am

The lawsuit is the latest in a cascade of civil and criminal cases alleging widespread and long-term fraud by Stuart and other executives of One Bank & Trust and its holding company.

Matthew Sweet, Former One Bank Controller, Sentenced to Probation

by Gwen Moritz 4/29/2015 4:03 pm

Federal prosecutors agreed to seek no prison time for Sweet, who had repaid One Bank for $110,000 embezzled to pay his personal credit cards.

One Bank Customer Pleads Guilty to Reduced Federal Charge of Money Laundering

by Gwen Moritz 4/13/2015 4:57 pm

In a plea deal reached with the U.S. Attorney's Office in Little Rock, Albert Solaroli pleaded guilty to laundering $120,000 of the loan in exchange for having a pending bank fraud charge dismissed.

Gander Mountain Draws $7.2 Million Transaction (Real Deals)

by George Waldon 3/9/2015 12:00 am

The sale of a 123,872-SF store in Sherwood tipped the scales at $7.2 million. A 25,000-SF office-warehouse facility in North Little Rock weighed in at $2.19 million. And the location for a convenience store development in west Little Rock was assembled in two deals totaling $2.1 million.

Grand Jury Indicts 4 Tied to One Bank Loans to Alberto Solaroli

by George Waldon 3/4/2015 5:06 pm

A grand jury indictment names a quartet of former top executives at One Bank & Trust in an alleged conspiracy to defraud the federal government.

Florida Man Indicted in One Bank Case Could Change Plea

by Arkansas Business Staff 2/2/2015 12:00 am

A Florida man who has pleaded not guilty to one count of bank fraud in connection with a $1.5 million loan from One Bank & Trust of Little Rock is scheduled to change his plea on Feb. 6.

Matthew Sweet Pleads Guilty to Money Laundering

by Gwen Moritz 1/7/2015 3:52 pm

Matthew D. Sweet, the former comptroller of One Bank & Trust of Little Rock, pleaded guilty Wednesday to a single count of money laundering, and federal prosecutors have agreed to recommend a sentence of probation.

Former One Bank Officer Matthew Sweet to Plead Guilty

by Gwen Moritz 1/6/2015 8:25 am

Matthew D. Sweet, the former vice president and controller of Little Rock's One Bank & Trust, will plead guilty Wednesday to one of the 60 federal felony counts that have been pending for more than a year.