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Crescente v. StellarOne Corporation et al
Case Number:
3:13-cv-00021
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 04, 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.
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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.