A federal lawsuit has been filed against the proposed merger of a national financial services company and HTLF. UMB Financial executives in April announced their intention to acquire HTLF, the parent company of Dubuque Bank & Trust, in a roughly $2 billion, all-stock deal expected to close in early 2025 pending regulatory approval. Shareholder Mary Michenzie, of Massachusetts, recently filed a lawsuit against HTLF in U.S. District Court of Colorado in response to the announcement, alleging the company failed to provide its shareholders with adequate information about the merger.
Lawsuit Filed To Prevent HTLF-UMB Merger
By Mark Evenstad
Jul 26, 2024 | 1:12 PM
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