WesBanco-ESB Financial merger faces class action lawsuit

Published



PITTSBURGH (Legal Newsline) – A class action lawsuit was filed on Monday seeking to bar a merger between two banks over allegations that the deal was done by an unfair process.

Plaintiff James Elliott holds stock in ESB Financial, which announced on Oct. 29 that it had reached an agreement to sell the company to WesBanco, a bank-holding company based in West Virginia.

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