Current Events, Investors

Omni Financial cuts 20 percent of workforce


Clients who have had dealings with Omni Financial and Omni National Bank will be interested in this article over at the Atlanta Business Chronicle.

Facing substantial losses stemming from its real estate redevelopment loans, the bank has cut 20 percent of the company’s workforce, including the chief risk officer and president. In Atlanta, 19 people were given the axe.

Not only that, the company was officially de-listed by NASDAQ.

Additionally, the company’s quarterly financial reports are being delayed because of ongoing audits of the books.


We’d love to be your closing attorneys in Atlanta. Want to know more? Contact us and we’ll be happy to discuss how Harlan and Associates can be of service to you!

Lumberjack with Axe, originally uploaded by ron brewer.


speak up

Add your comment below, or trackback from your own site.

Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*Required Fields