Short Interest in Carter Bankshares, Inc (NASDAQ:CARE) Increases By 10 2% kopsource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kopsource.com Daily Mail and Mail on Sunday newspapers.
A complaint filed on Monday in U.S. District Court for the Southern District of West Virginia on behalf of Gov. Justice, his wife Cathy, and son Jay, along with 15 of the companies owned by the family, states for more than 16 years the Justices enjoyed a remarkably productive partnership with Carter Bank and, as a result, Carter Bank became the primary lender of the Justice s generating millions of dollars a year in interest and profits for the Bank, allowing it to grow from a small institution to a significant regional presence throughout southwest Virginia and the south.
BECKLEY – A Virginia-based bank is asking a federal judge to hold off on a request by the network of businesses owned by Gov. Jim Justice’s family to seal the case.
BECKLEY – Gov. Jim Justice, his wife, his son and 15 Justice family companies have filed a federal lawsuit against a Virginia-based bank and its board for more than $1 billion in damages.
Carter Bankshares (NASDAQ:CARE – Get Free Report) and Regions Financial (NYSE:RF – Get Free Report) are both finance companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, earnings, analyst recommendations, valuation and dividends. Institutional and Insider Ownership 40.6% of Carter Bankshares […]