Strathclyde Pension Fund v. Bank OZK
Strathclyde Pension Fund v. Bank OZK
Trial Court Opinion
IN THE UNITED STATES DISTRICT COURT EASTERN DISTRICT OF ARKANSAS CENTRAL DIVISION
STRATHCLYDE PENSION FUND, Lead Plaintiff PLAINTIFF
v. No. 4:18-cv-793-DPM
BANK OZK and GEORGE GLEASON DEFENDANTS
ORDER Response, Doc. 244, appreciated. The Court agrees that the Council of Institutional Investors is an appropriate recipient of the unclaimed settlement funds, which total approximately $6,000. Among other things, CII promotes shareholder rights. It is a non-profit and non-partisan entity. CII’s mission aligns with the transparency and accuracy in securities-related matters sought by the class in this case. In re BankAmerica Corporation Securities Litigation,
775 F.3d 1060, 1063-64(8th Cir. 2015). The Court therefore authorizes Strathclyde to donate all the unclaimed settlement funds to CII. The Claims Administrator must also promptly update the website and post this Order. Final status report due by 15 March 2025.
So Ordered. Prana hall go D.P. Marshall Jr’ United States District Judge 18 Flniary 2095
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Reference
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