{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-24-000007","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.797849+00:00","generated_at":"2026-06-06T18:28:37.825174+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Carter Bankshares wins court ruling allowing collection of $302M from Justice entities","bullets":["Circuit Court denied Justice Entities' motions to set aside confessions of judgment in 21 civil cases.","Total principal debt owed is approximately $301.9 million, plus interest, charges, fees, and costs.","Carter Bank expects court orders finalizing confessions of judgment and will pursue aggressive collection.","All claims are backed by personal guarantees from Governor Justice and his wife; many also from James C. Justice III.","This proceeding is separate from a federal lawsuit filed by Justice Entities in November 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-24-000007","json":"https://secwatch.observer/filing/0001829576-24-000007.json","markdown":"https://secwatch.observer/filing/0001829576-24-000007.md","text":"https://secwatch.observer/filing/0001829576-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957624000007/0001829576-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957624000007/care-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:28:37.825174+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}