BancorpSouth Securities Litigation
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Welcome to the BancorpSouth Securities Litigation Website

This website has been established to provide general information regarding the proposed settlement of the BancorpSouth, Inc. Securities Litigation, Case No. 3:14-cv-01564, pending before the United States District Court for the Middle District of Tennessee, Nashville Division (the "Litigation"). The capitalized terms used on this website and not defined herein shall have the same meanings ascribed to them in the Stipulation of Settlement (the "Stipulation") dated March 30, 2018, which can be found and downloaded by clicking on the Case Documents tab above. Your rights may be affected by the Settlement if you purchased or otherwise acquired BancorpSouth, Inc. ("BancorpSouth" or the "Company") common stock between July 12, 2013 and July 21, 2014, inclusive (the "Class Period").

As more fully described in the Notice of Proposed Settlement of Class Action (the "Notice"), the initial complaint in this action was filed on July 31, 2014. On October 22, 2014, the Court appointed Lead Plaintiff and Lead Counsel. On January 9, 2015, Lead Plaintiff filed its Complaint for Violations of the Federal Securities Laws (“Complaint”).

On January 4, 2017, the parties’ counsel attended a one-day mediation session with an experienced mediator, but were unable to resolve the Litigation at that session. On December 10, 2017, following further discussions with the parties’ counsel (and after additional proceedings in the Litigation), the mediator presented the parties with a Mediator’s Proposal. The Mediator’s Proposal was ultimately accepted by both parties on December 29, 2017. Following additional negotiations, the parties reached an agreement to resolve the Litigation on the specific terms set forth within the Stipulation.

The Settlement, if approved, will result in the creation of a cash settlement fund of $13,000,000 (the “Settlement Amount”). The Settlement Amount, plus accrued interest (the “Settlement Fund”) and minus the costs of this Notice and all costs associated with the administration of the Settlement, as well as any attorneys’ fees and expenses that may be approved by the Court (the “Net Settlement Fund”), will be distributed to Class Members pursuant to the Plan of Allocation that is described in the Notice.

The law firm of Robbins Geller Rudman & Dowd LLP represents you and other Class Members. These lawyers are called Plaintiffs’ Counsel. These lawyers will apply to the Court for payment of attorneys’ fees and expenses from the Settlement Fund; you will not be otherwise charged for their work. If you want to be represented by your own lawyer, you may hire one at your own expense.

Although the information in this website is intended to assist you, it does not replace the information contained in the Notice and Stipulation, both of which can be found and downloaded by clicking on the Case Documents tab above. We recommend that you read the Notice and other relevant case documents carefully.


SUBMIT A PROOF OF CLAIM The only way to be eligible to receive a payment from the Settlement. Proofs of Claim must be postmarked (if mailed) or received (if submitted online) no later than August 23, 2018.
EXCLUDE YOURSELF Receive no payment. This is the only option that allows you to ever be part of any other lawsuit against the Defendants or any other Released Persons about the legal claims related to the issues raised in this Litigation. Exclusions must be received no later than August 31, 2018.
OBJECT Write to the Court about why you oppose the Settlement, the Plan of Allocation, the request for attorneys’ fees and expenses, and/or the expenses of Class Representative. You will still be a Member of the Class. Objections must be received by counsel on or before August 31, 2018 and the Court on or before September 7, 2018.
GO TO THE HEARING ON SEPTEMBER 21, 2018 Ask to speak in Court about the fairness of the Settlement. Requests to speak must be received by counsel on or before August 31, 2018, and the Court on or before September 7, 2018. You do not have to attend the hearing unless you wish to speak either in support of the Settlement or in support of any objection you may have submitted.
DO NOTHING Receive no payment from the Settlement. However, you will be bound by the Settlement, unless you have requested exclusion from the Class.


Submit Claim: August 23, 2018
Request Exclusion: August 31, 2018
File Objection: August 31, 2018
Court Hearing on Fairness of Settlement: September 21, 2018, at 1:30 p.m.