Eric C. Bronk, an Irvine lawyer accused by federal regulators of fraud and racketeering in the 1986 collapse of Consolidated Savings Bank, has agreed to pay a government agency $1.1 million to settle the civil lawsuit.
Bronk also agreed to drop his suit against regulators in which he charged they wrongfully seized records from his law office the night the Irvine thrift was seized. Consolidated was later closed.
At the time, Bronk, who did not return telephone calls seeking comment, was a lawyer for Consolidated owner Robert A. Ferrante of Newport Beach and a consultant to the savings and loan.
Besides giving $1.1 million to the Federal Deposit Insurance Corp., Bronk and two of his companies also must turn over to the FDIC any claims they had to an unspecified sum of money in an account at a Los Angeles bank.