A nonprofit cooperative that operates the world’s largest fully-refrigerated wholesale produce market in the world has been rebuffed in trying to recover from its bank for embezzlement by its CEO of nearly $5.5 million in checks written on the coop’s account. A federal District Court has issued summary judgment against the coop on all but a small claim for negligence in the final year of the embezzlement scheme. The then-president and CEO of the Regional Produce Cooperative Corporation in Philadelphia admitted to embezzling a total $8.6 million from the corporation, with about $5.5 million through improper checks passing through the coop’s bank account at TD Bank between 2009 and 2018. The...