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Strathclyde Pension Fund v. Bank OZK et al
Case Number:
4:18-cv-00793
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Multi Party Litigation:
Class Action
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September 26, 2022
Robbins Geller Nets $11M From Bank OZK Investor Settlement
An Arkansas federal judge has granted final approval to a $45 million settlement that ends a lawsuit accusing Bank OZK of misleading investors about the health of two real estate loans and awarded the lead plaintiff's counsel, Robbins Geller Rudman & Dowd LLP, $11 million plus expenses for working toward a "well-above-average" settlement.
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May 24, 2022
Bank OZK Investors Seek Initial OK Of $45M Settlement
A class of investors led by a U.K. pension fund has urged an Arkansas federal court to give its initial approval to a $45 million deal to resolve claims that Bank OZK misled investors about the health of two real estate loans that purportedly had losses of $45.5 million.