The Federal Deposit Insurance Corp. may sue as many as 109 former executives of failed banks in an effort to recover federal losses. According to data, which the agency began releasing Tuesday, the FDIC authorized lawsuits to recover approximately $2.5 billion. The FDIC can sue former bank officials after a bank failure in what it calls a "personal liability lawsuit," because the federal agency absorbs all the losses from the failure. Before seeking recoveries from former officials, the FDIC investigates the cause of each bank’s failure. Executives including officers, directors, accountants, appraisers and brokers are eligible to be sued for either "gross or simple negligence" in overseeing the bank and its funds. Between 1985 and 1992, the FDIC brought claims against directors and officers in 24% of bank failures. In 2010, two lawsuits were filed with 107 others authorized.