TITLE

Atlantic Coast Settles with Disgruntled Investors

AUTHOR(S)
Cumming, Chris
PUB. DATE
June 2013
SOURCE
American Banker;6/ 7/2013, Vol. 178 Issue F322, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article mentions Atlantic Coast Financial Corp. in Jacksonville, Florida settled a class-action lawsuit on June 5, 2013 filed by its shareholders who opposed the proposed merger with Bond Street Holdings. The article notes the settlement does not increase the per-share merger price but does provide additional information about the sale. It also notes stockholders will vote on the merger on June 11.
ACCESSION #
88043403

 

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