April 02, 2018
BancorpSouth Inc. has reached a $13 million settlement in Tennessee federal court with a group of shareholders who twice gained class action status alleging the bank misled them about its compliance with anti-money laundering regulations and its fair lending practices.
June 26, 2017
A Tennessee federal judge signed off on Monday on a bid by shareholders in BancorpSouth Inc. to unite as a class in their suit against the company for allegedly lying about its compliance with anti-money laundering laws, saying they met established legal standards.