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Settlement reached after claims, counterclaims of stealing trade secrets following Happy State Bank-Centennial merger - Lubbock Lights

Summary by Lubbock Lights
When West Texas-based Happy State Bank was bought a few years ago by Arkansas-based Centennial Bank, it set off a chain of events leading to a legal battle involving bankers and investors that finally ended in a settlement. Both sides filed a joint dismissal Friday – awaiting one last signature from a federal judge. No dollar figure was given in court records, but there are details on the legal battle and a general sense of how much some bank in…
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Lubbock Lights broke the news in on Friday, October 10, 2025.
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