Supreme Court Overturns Lifetime Ban for Michigan Bank Executive

The Supreme Court held a special sitting on Sept. 30, 2022, for the formal investiture ceremony of Associate Justice Ketanji Brown Jackson. Collection of the Supreme Court of the United States/Getty Images

The Supreme Court on May 22 unanimously reversed a lower court’s order that a Michigan banker be banned from the financial services industry for life.

Harry C. Calcutt III was president and CEO of Traverse City, Michigan-based Northwestern Bank before it was purchased by a competitor.