In another development, two lawsuits have been filed by investors seeking to recover money they invested in funds created by Carlson and managed by Jamieson Capital Financial.
Western State Bank wants the court to hold funds for safekeeping while officials sort out how to return money to investors, as ordered by state securities officials.
North Dakota securities regulators continue to investigate what they say are multiple violations of securities laws involving investment of $17.7 million in limited liability companies controlled by financial advisory firm Jamieson Capital Financial.