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Article: Arizona Arbitration Panel Rules for BNCCORP and Its Senior Officers.
- Article from:
- PR Newswire
- Article date:
- January 23, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PHOENIX, Jan. 23 /PRNewswire-FirstCall/ -- In an order released January 20, 2006, a three member arbitration panel ended a year of litigation by ruling in favor of BNCCORP, INC. (BNC), its senior officers, BNC's Phoenix- based insurance subsidiary, BNC Insurance Services, Inc. (d/b/a Milne & BNC Insurance Services) and the subsidiary's President and CEO, Richard Milne, in a wrongful termination claim brought by Terrence M. Scali. Scali is a former senior officer and board member of both BNCCORP and Milne & BNC Insurance Services.
The arbitration panel dismissed, outright, four counts of Scali's lawsuit. On a fifth count, dealing with Scali's further ...