Federal judge shoots down Hill's injunction bid
Republic First Bank CEO Vernon Hill’s bid for an emergency temporary restraining order and preliminary injunction was denied.
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Republic First Bank CEO Vernon Hill’s bid for an emergency temporary restraining order and preliminary injunction was denied.
Republic First Bank CEO Vernon Hill filed a 52-page complaint in federal court to try and stop his ouster from the financial institution.
Following the death of an ally on the divided board, Hill’s foes ousted him and appointed Harry Madonna chairman. Hill remains CEO.
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.
/PRNewswire/ -- First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today...