First Citizens Sued Over 'Only In NC' Forum Choice Bylaw

By Matt Chiappardi (June 20, 2014, 8:14 PM EDT) -- The city of Providence, Rhode Island, lodged a putative class action late Thursday in Delaware Chancery Court, challenging First Citizens BancShares Inc.'s new forum selection bylaw that mandates nearly all shareholder disputes be litigated in North Carolina, despite the company being incorporated in The First State....

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