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Crescente v. StellarOne Corporation et al

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Case overview

Case Number:

3:13-cv-00021

Court:

Virginia Western

Nature of Suit:

Stockholders Suits

28:1332 Diversity-Breach of Fiduciary Duty

Judge:

Norman K. Moon

  1. February 4, 2014

    StellarOne Settles Shareholder Suit Over $445M Union Merger

    A Virginia federal judge granted preliminary approval Wednesday to a settlement in a proposed class action lodged by a StellarOne Corp. shareholder who sought to block the community bank’s $445 million merger with Union First Market Bankshares Corp., according to court documents.

  2. June 17, 2013

    StellarOne Shareholder Rips $445M Community Bank Deal

    A StellarOne Corp. shareholder Friday filed a proposed class action against the Virginia community bank seeking to block its $445 million merger with Union First Market Bankshares Corp., saying the deal's structure could shortchange StellarOne shareholders while benefiting the company's officers.