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Case Status:    ONGOING    
On or around 01/09/2020 (Date of last review)

Filing Date: January 08, 2020

According to the Complaint, IBERIABANK Corporation is a financial holding company with locations in Louisiana,
Arkansas, Tennessee, Alabama, Texas, Florida, Georgia, South Carolina, North Carolina, Mississippi, Missouri, and New York offering commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, mortgage, and title insurance services.

This action stems from a proposed transaction announced on November 4, 2019, pursuant to which IBERIABANK Corporation will be acquired by First Horizon National Corporation.

On November 3, 2019, IBERIABANK’s Board of Directors caused the Company to enter into an agreement and plan of merger with First Horizon. Pursuant to the terms of the Merger Agreement, IBERIABANK’s stockholders will receive 4.584 shares of First Horizon common stock for each share of IBERIABANK common stock they own.

On December 31, 2019, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction. The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.


Sector: Financial
Industry: Regional Banks
Headquarters: United States


Ticker Symbol: IBKC
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data

"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: D. Delaware
DOCKET #: 20-CV-00027
JUDGE: Hon. Leonard P. Stark
DATE FILED: 01/08/2020
CLASS PERIOD END: 01/08/2020
  1. Rigrodsky & Long, P.A. (Wilmington)
  2. RM Law, P.C. (Berwyn)
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available