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Federal judge dismisses lawsuit against banking officials

Otoe_Tribal_Seal-Final125HARTFORD, Conn. – A federal judge in Oklahoma dismissed a lawsuit Monday that had been filed against Connecticut Banking Department officials who had imposed a $1.5 million fine on two tribal payday lending companies and the head of the tribe.

Last week, Judge Joe Heaton dismissed the lawsuit filed against former Banking Commissioner Howard Pitkin and Bruce Adams, the department’s general counsel, by John Shotton, head of the Otoe-Missouria Tribe.

Heaton concluded that the action Pitkin and Adams took against the tribal lending companies was not “aimed at the State of Oklahoma. Rather, they were directed to plaintiff’s (and the companies’) actions in the State of Connecticut and their alleged violations of Connecticut law. That the alleged violators lived in, or were based in, Oklahoma was incidental. The ‘focal point’ of defendants’ efforts was Connecticut, not Oklahoma.”

See the complete story at CT News Junkie.

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