Bakewell v. OneUnited Bank CA2/1
INTRODUCTION In 2005, Kevin Cohee—the chairman, chief executive officer (CEO), and majority shareholder of OneUnited Bank (OneUnited)—convinced Danny Bakewell, Sr. to invest in the bank based on an oral promise that Bakewell could have his shares redeemed any time at par. In 2019, Bakewell sought the promised redemption. Cohee and OneUnited (collectively, Defendants) refused, denying any such agreement existed.



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