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What is Reschini v. First Federal Savings Appeal about?
This document summarizes a court case regarding a lawsuit brought by Roger Reschini against First Federal Savings and Loan Association of Indiana and its CEO Charles France. Reschini alleged that proxy materials distributed for a member vote on converting the Association from a federal to state charter contained misleading information, in violation of regulations. The district court dismissed the case for lack of subject matter jurisdiction. On appeal, the court had to determine whether the district court p
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