Heritage Commerce Corp.

NASDAQ:HTBK   3:59:52 PM EDT
10.93
+0.08 (+0.74%)
Debt Financing / Related, Bankruptcy / Related

Heritage Commerce Enters Into Settlement Agreement, Dated July 7, With Christina Lovato, Chapter 7 Trustee Of Four Debtors In Bankruptcy

Published: 07/07/2021 20:59 GMT
Heritage Commerce Corp. (HTBK) - Heritage Commerce - Unit Entered Into Settlement Agreement, Dated July 7, With Christina Lovato, Chapter 7 Trustee of Four Debtors in Bankruptcy.
Heritage Commerce - Unit Considers Settlement to Be an Insured Event Subject to Reimbursement by Liability Insurance.
Heritage Commerce - Unit Reserved $4 Million Toward Settlement Amount in Q2 of 2021 As a Noninterest Expense.