Horizon Bancorp Execs Sued Over Financial Misstatements
By Sydney Price ( August 29, 2023, 4:49 PM EDT) -- An investor in bank holding company Horizon Bancorp has alleged in a derivative suit that the bank's top brass revealed there were weaknesses in the company's internal financial controls that caused it to overstate income and expenses by $1.5 million in financial statements last year, which led to a decline in stock price when the error was eventually disclosed....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.