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Case Status:    DISMISSED    
On or around 07/31/2018 (Court's order of dismissal)

Filing Date: March 27, 2018

According to the Complaint, this action stems from a proposed transaction announced on January 18, 2018 (the "Proposed Transaction"), pursuant to which Jacksonville Bancorp, Inc. ("Jacksonville" or the "Company") will be acquired by CNB Bank Shares, Inc. ("CNB") and its wholly-owned subsidiary, CNB Acquisition, Inc. ("Merger Sub").

On March 6, 2018, Defendants filed a preliminary proxy statement (the "Proxy Statement") with the United States Securities and Exchange Commission ("SEC") in connection with the Proposed Transaction.

The Complaint alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on July 30, 2018.

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