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Justice files second lawsuit against financial institution over loans

Justice files lawsuit

Jun. 3—CHARLESTON — Gov. Jim Justice, members of his family and several of his businesses have filed a civil action against Carter Bank and Trust, seeking damages of $421 million related, in part, to financing arrangements for outstanding loans. The complaint, filed this week in U.S. District Court Southern District of West Virginia at Beckley, alleges Carter Bank defendants participated in .

Gov Jim Justice Sues Bank, Alleging It Induced His Default On Hundreds Of Millions In Loans

In a remarkable lawsuit filed on Memorial Day, West Virginia Gov. Jim Justice the former coal-mining billionaire has accused his family’s longtime lender Carter Bank & Trust of orchestrating a “tortious scheme” that has thrown the solvency and future of his business empire into jeopardy.

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