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Burr v. Equity Bancshares, Inc. et al

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Case Number:

1:19-cv-04346

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Alison J. Nathan

Firms

  1. October 14, 2020

    New York Judge Tosses Equity Bancshares Investor Suit

    A federal judge in New York on Wednesday tossed out a proposed class action against Equity Bancshares Inc., finding the holding company's investors hadn't shored up claims that the company engaged in an "extend and pretend" scheme involving $29.5 million it loaned to a struggling pizza chain and cupcake company.

  2. December 09, 2019

    Equity Bancshares Seeks End To 'Extend And Pretend' Claims

    Equity Bancshares Inc. and two of its executives asked a New York federal judge to toss a proposed shareholders' class action against the holding company, arguing it couldn't have known that two of its debtors would need to restructure their debts.

  3. May 14, 2019

    Kansas Bank Co. Hit With Investor Suit Over Credit Risks

    Bank holding company Equity Bancshares has been deceiving investors since last year about having a handle on its credit operations, according to a proposed shareholders class action in New York federal court, despite impending news that two of its multimillion-dollar credit lines had to be downgraded as questionable risks.