trending Market Intelligence /marketintelligence/en/news-insights/trending/t_hxs3xqbgxahkweix9_7g2 content esgSubNav
In This List

Legal briefs: SunTrust agrees to pay $4.8M to settle 401(k) plan lawsuit

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines

Blog

Making sanctions effective: Key themes for banks


Legal briefs: SunTrust agrees to pay $4.8M to settle 401(k) plan lawsuit

S&P Global Market Intelligence rounds up a selection of recent legal and regulatory developments in the bank space.

* Plaintiff in Clifton-Kearny merger suit files for its voluntary dismissal

Paul Parshall on March 9 filed for his lawsuit's voluntary dismissal, without prejudice, against Clifton Bancorp Inc. and Kearny Financial Corp. The case had sought to prevent the New Jersey-based companies' merger.

* SunTrust to settle 401(k) plan lawsuit for $4.8M

Atlanta-based SunTrust Banks Inc. agreed to pay about $4.8 million to settle allegations that it violated the Employee Retirement Income Security Act of 1974.

* First Mid-Illinois, First BancTrust reach deal in merger-related suit

First Mid-Illinois Bancshares Inc. and First BancTrust Corp. have released supplemental merger-related disclosures, following allegations they failed to disclose material information about their deal.