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October 4, 2022
Republic First Bank announced Oct. 4 it entered into a multiyear cooperation agreement with the Driver Management activist investor group.
September 27, 2022
As the Republic First Bank saga moves through its post-proxy-fight phase, there has been no slowdown in the back-and-forth.
September 19, 2022
After a bruising proxy fight that led to the ouster of the Philadelphia bank's former chairman and CEO Vernon Hill, remaining stakeholders find themselves in disagreement over a potential sale of the the company.
August 9, 2022
Harry Madonna – Republic Bank's founder, former CEO and board chair – has been named interim CEO. Vernon Hill has resigned from the boards.
May 20, 2022
Republic First Bank CEO Vernon Hill’s bid for an emergency temporary restraining order and preliminary injunction was denied.
May 19, 2022
Republic First Bank CEO Vernon Hill filed a 52-page complaint in federal court to try and stop his ouster from the financial institution.
May 15, 2022
Following the death of an ally on the divided board, Hill’s foes ousted him and appointed Harry Madonna chairman. Hill remains CEO.
May 3, 2022
As the proxy battle heats up for control of Republic First Bank, the Norcross-Braca group announced May 3 it voted proxies for the slate of board members proposed by Driver Management Group.
April 21, 2022
/PRNewswire/ -- First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today...