DeNaples makes case to keep stock
WASHINGTON, D.C. - Attorneys for Louis A. DeNaples argued before the U.S. Court of Appeals for the D.C. Circuit that federal banking regulators went too far when they banned the Dunmore businessman from banking and ordered him and his family to sell all their bank stock.
Howard Cayne made the case on behalf of Mr. DeNaples, former chairman of the board of First National Community Bank in Dunmore, before a three-judge panel composed of Judges Judith W. Rogers, Janice Rogers Brown and Stephen F. Williams.
Mr. DeNaples' appeal of the order before an administrative law judge failed last year. A decision is pending.