Columbia Banking System Mistrial In Aug 2020 Class Action Complaint Was Declared On Mar 4, When Jury Was Unable To Reach Verdict
Reuters
03-28
March 27 (Reuters) - Columbia Banking System Inc :: *COLUMBIA BANKING SYSTEM: MISTRIAL IN AUG 2020 CLASS ACTION COMPLAINT WAS DECLARED ON MAR 4, WHEN JURY WAS UNABLE TO REACH VERDICT *COLUMBIA BANKING SYSTEM: CO'S UNIT SUBSEQUENTLY ENGAGED IN COURT ORDERED SETTLEMENT CONFERENCE, & NOTICE OF SETTLEMENT WAS FILED ON MAR 27 *COLUMBIA BANKING SYSTEM: PROPOSED SETTLEMENT OF AUG 2020 CLASS ACTION COMPLAINT CONTEMPLATES $55 MILLION PAYMENT BY CO'S UNIT TO CLASS