Green Dot settles Republic Bank litigation for additional $13M payment

GREEN DOT CORP

Settled litigation with Republic Bank & Trust Company over terminated Sale Transaction.
Company to pay $13M to Republic, in addition to $5M termination fee paid in Jan 2022.
Settlement reached June 3, 2022; parties agreed to dismiss the Delaware Chancery litigation.
Previously disclosed Sale Transaction of Tax Refund Solutions business was terminated Oct 2021.

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