U.S. Court of Appeals for the Tenth Circuit
City of Cambridge Retirement v. Ersek
This writing
- Type
- Opinion
- Filed
- April 16, 2019
- Case
- City of Cambridge Retirement v. Ersek
- Case status
- Decided
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Opening text
The first passage of the document, as extracted by the source provider.
PHILLIPS, Circuit Judge. In this shareholder-derivative action, Shareholders of The Western Union Company aver that several of Western Union's Officers and Directors breached their fiduciary duties to the company by willfully failing to implement and maintain an effective anti-money-laundering-compliance program (AML-compliance program), despite knowing of systemic deficiencies in the c…
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