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Six months after suing Celebration Church founders Stovall and Kerri Weems and several companies they control for defaulting on more than $700,000 in loans, First Citizens Bank revealed that they've reached a settlement with the former megachurch leaders.
Six months after suing Celebration Church founders Stovall and Kerri Weems and several companies they control for defaulting on more than $700,000 in loans, First Citizens Bank revealed that they've reached a settlement with the former megachurch leaders.
The 12,000-member Celebration Church in Jacksonville, Florida, continued its legal sparring with founding Pastor Stovall Weems and his wife, Kerri, in a new lawsuit earlier this month demanding that the couple vacate a million dollar waterfront home owned by the church.
The 12,000-member Celebration Church in Jacksonville, Florida, continued its legal sparring with founding Pastor Stovall Weems and his wife, Kerri, in a new lawsuit earlier this month demanding that the couple vacate a million dollar waterfront home owned by the church.
The lawsuit involves a $500,000 loan apparently made soon after what church lawyers called a "fraudulent mischaracterization" in a loan application.