Newly reinstated BBX Capital CEO Alan Levan is ready to clear his name once and for all.
Opening statements are set for Tuesday in Levan’s second trial on civil charges filed by the Securities and Exchange Commission, which claims he misled investors about the health of his defunct Fort Lauderdale-based bank’s loan portfolio heading into the recession. A 2014 trial ended in Levan’s court-ordered resignation from his BankAtlantic post and millions of dollars in penalties, which have now been repaid to BBX and Levan.
