SBAVSpina Bifida Association of Victoria (Australia)
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(NASDAQ: PBIB), the parent company of PBI Bank Inc., has announced that a confidential settlement agreement has been reached in the dispute covered under SBAV LP v.
In resolving SBAV's claims, the company did not admit liability and the settlement of had no material effect on the company's financial condition or operating results, Porter Bancorp said, without disclosing further.
Porter Bancorp Inc (NASDAQ:PBIB) revealed on Tuesday that it has settled its dispute confidentially with SBAV LP in the pending law suit, SBAV LP v.