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19 banks put liens on stock, suit says

At least 19 banks loaned money to former Arvest Bank executive H. Dennis Smiley Jr. based on the same collateral, according to a lawsuit. There’s a safety net designed to prevent that from happening, but the banks apparently didn’t take advantage of it, sources said.

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  • Headline: 19 banks put liens on stock, suit says
  • Publication: Business, Pages 22 on 04/22/2014
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