AmeriServ files lawsuit to block Driver's director nominations for alleged bylaw violations

AMERISERV FINANCIAL INC /PA/

Filed suit in Cambria County against Driver Opportunity Partners I LP, J. Abbott R. Cooper, and nominees Rudolph and Simmons.
Seeks declaratory judgment that Driver's nomination notice is invalid due to material defects, including undisclosed conflicts.
Alleges one nominee's family members have sizable financial relationships; Cooper's concurrent directorship violates interlocks bylaw.
Company announces own refreshed slate: Bloomingdale, Hickton, Onorato for 2023 annual meeting.
Driver had threatened to sue AmeriServ; company cites Driver's history of litigation against other banks.

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