
Wellesley-Cambridge Trust Merger the Latest Shareholder Lawsuit Target
A bank shareholder known for filing merger-related lawsuits targeted the proposed Cambridge Trust Co. and Wellesley Bank deal.
A bank shareholder known for filing merger-related lawsuits targeted the proposed Cambridge Trust Co. and Wellesley Bank deal.
People’s United Bank and Connecticut-based United Bank have moved closer to a proposed merger, but not without several legal complaints looking to delay the transaction.
SI Financial Group, the parent company of Willimantic-based Savings Institute Bank and Trust, disclosed yesterday that Parshall is suing the company in Baltimore County Circuit Court for breaching their fiduciary duties to its stockholders in connection with its impending acquisition by the parent company of Boston-based Berkshire Bank.