March 27, 2026
A Georgia federal court granted final approval Friday to United Bank Corp.'s $2 million class action settlement ending allegations that it unlawfully ousted ex-workers from an employee stock ownership plan and cut them out of proceeds from a $23.3 million dividend.
November 10, 2025
A Georgia federal court has handed initial approval to United Bank Corp.'s $2 million settlement agreement resolving a class action claiming it unlawfully ousted former workers from an employee stock ownership plan and cut them out of proceeds from a $23.3 million dividend.
September 26, 2025
United Bank Corp. has agreed to pay $2 million to settle claims it booted former employees out of its employee stock ownership plan and cut them out of the proceeds of a $23.3 million dividend, according to a filing in Georgia federal court.
June 13, 2025
A Georgia-based bank agreed to settle a proposed class action claiming it unlawfully forced former workers out of its employee stock ownership plan, preventing them from receiving their share of a $23.3 million dividend on company stock, according to a filing Friday in federal court.