A summary of Southern California-related business litigation developments during the past week.

Ex-BofA Employee Indicted for Bank Fraud: A former employee of a Bank of America branch in North Hollywood was indicted on federal charges of embezzling more than $600,000 in depositors’ money. Phyllis R. Isenberg, who has since retired from her job as senior branch specialist, was accused of stealing funds that were supposed to be used to open three individual retirement accounts between 1983 and 1989. The indictment alleged that Isenberg issued phony receipts and other bogus documents to customers, indicating that their funds were in the bank. When they asked to withdraw money, Isenberg allegedly took funds from other accounts to pay them. If convicted of the six counts of bank and mail fraud, she could be sentenced to more than 30 years in prison. (Indicted Aug. 22, 1990.)