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Wilmington Trust Directed Trustee Form

Wilmington Trust Directed Trustee Form

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we believe that the settlement accomplishes three important objectives first there's a substantial payment for the victims those who suffered losses the employees who suffered losses as a result of of what transpired Wilmington Trust Company has accepted responsibility for its actions and if possible we wanted to avoid the collateral consequences of a criminal conviction for the bank which could have resulted in the loss of further jobs and revenue to the state of Delaware we felt that the the entity had to be held accountable we believe that we've done that by virtue of the resolution we've set forth today for the reasons that I've explained we also thought it was important to hold the individual officers and executives accountable and we continue to pursue that

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