Reuters logo
BRIEF-Cascade Bancorp, other named defendants, plaintiffs in Sternheim and Parshall actions agreed to settle actions, related claims
May 17, 2017 / 9:38 PM / 5 months ago

BRIEF-Cascade Bancorp, other named defendants, plaintiffs in Sternheim and Parshall actions agreed to settle actions, related claims

May 17 (Reuters) - Cascade Bancorp

* Cascade Bancorp says co, other named defendants, plaintiffs in Sternheim and Parshall actions agreed to settle both actions, related claims - SEC filing

* Plaintiffs agreed to complete release of Piper Jaffray, its directors, employees from liabilities, claims relating to Cascade-First Interstate deal

* Settlement will not affect merger consideration to be paid to shareholders of cascade in connection with Cascade-First Interstate deal Source text for Eikon: (bit.ly/2qSWEVq) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below