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LA: IberiaBank accuses former executives of stealing sensitive data

Posted on September 24, 2014 by Dissent

Billy Gunn reports:

IberiaBank Corp. is accusing two former executives of a bank it purchased this year of stealing customer and business information and giving the sensitive data to JD Bank, a Jennings-based business rival formerly known as Jeff Davis Bank & Trust.

In a lawsuit filed in U.S. District Court in Lafayette, IberiaBank claims that former Teche Federal Bank vice presidents Darryl Broussard and Brayton Peltier stole thousands of customer files from Teche in April and May as the bank was going through the merger transition with IberiaBank.

[…]

In the lawsuit, IberiaBank said Broussard, who was a senior vice president and chief lending officer at Teche, took more than 4,000 confidential files before deleting them. It says Peltier, a former Teche credit analyst and vice president, stole 8,000 files to give to JD Bank before deleting the information from Teche computers.

Brousaard denies the allegations, while Peltier’s attorney said that what he had downloaded did not contain customer or sensitive information, and that it was a mistake that he corrected.

Read more on The Advocate.

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  • Commentary: Repeated insider breaches at TD Bank should trigger federal regulator investigation (update 1)
Category: Financial SectorInsiderU.S.

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