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Fowler White Clients Allege First Horizon Failed to Stop $6.5 Million Fraud Despite Prior Warning Signs

Source: PR Newswire

Legal & LitigationCybersecurity & Data PrivacyFintech

Three lawsuits filed in Florida allege more than $24 million in unauthorized transfers involving similar account takeover tactics. Attorneys for K&A Rosario Holdings, LLC and MJR Fund I, Inc. filed an amended federal complaint; the excerpt does not identify the accused parties or establish the allegations as fact.

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