Below is the first part of an article by Carol Hazard from timedispatch.com It reads…

Union First Market Bankshares Corp. and StellarOne Corp. plan to settle a lawsuit filed by a StellarOne shareholder opposed to the planned merger, according to documents filed Thursday with the Securities and Exchange Commission.

The amount of the settlement was not disclosed in the regulatory filing.

Jaclyn Crescente, individually and purportedly on behalf of other StellarOne shareholders, filed a class-action complaint June 14 against StellarOne, its directors and Union First Market Bankshares, the holding company for Union First Market Bank.

Source: Here

Marc Primo Pulisci is a Los Angeles based attorney practicing with Initiative Legal Group. Marc Primo Pulisci has been practicing law for over 10 years. Find Marc on Marc Primo TwitterMarc Primo MantaMarc Primo FacebookMarc Primo Squarespace, Marc Primo Dot Com

 

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