Veritex Holdings Inc. Faces Lawsuits Amid Merger Plans with <a href="https://laohu8.com/S/HBANM">Huntington Bancshares</a>
Veritex Holdings Inc. has announced an update regarding its merger with Huntington Bancshares Incorporated. The two companies entered into a Merger Agreement on July 13, 2025, with Veritex set to merge into Huntington, allowing Huntington to emerge as the surviving entity. Following the announcement, several lawsuits were filed in New York and Florida courts by purported stockholders against Veritex, its directors, and Huntington, challenging the merger-related disclosures. Despite these legal challenges, Huntington and Veritex maintain that the allegations are without merit. To prevent potential delays and minimize litigation risks, the companies have filed a supplemental proxy statement/prospectus. Huntington and Veritex have reiterated their stance, denying any wrongdoing or legal violations in relation to the merger process.
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