PAY FIGHT: Scott Bauer (pictured) and Jeff Clark were "unceremoniously fired" because they refused to sign away their severance pay, their lawsuit says.

Exec Pay Proves a Point of Contention in Bank M&A

Two executives of the former Southern Community Financial in North Carolina claim in a federal lawsuit that they were "unceremoniously fired" because they refused to surrender their severance deals before Capital Bank bought their company.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.

TWITTER
FACEBOOK
LINKEDIN
Already a subscriber? Log in here
Please note you must now log in with your email address and password.