February 04, 2014
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.
June 17, 2013
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.