secwatch.observer — SEC 8-K summary
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Issuer:     Carter Bankshares, Inc. (CARE)
CIK:        0001829576
Form:       8-K
Filed at:   2026-08-17T20:59:11+00:00
Accession:  0001829576-26-000083
Event type: litigation
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter Bankshares lawsuit by Justice Parties dismissed with prejudice
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- On Aug 17, 2026, Carter Bankshares and Carter Bank & Trust announced voluntary dismissal with prejudice of lawsuit.
- Suit was filed in Circuit Court of Greenbrier County, West Virginia by James C. Justice II, III, Jillean L. Justice, and related entities.
- Dismissal covers claims against the Company, its bank subsidiary, and certain unaffiliated persons and entities.
- Dismissal with prejudice bars refiling; removes litigation overhang for Carter Bankshares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829576/000182957626000083/0001829576-26-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829576/000182957626000083/care-20260817.htm
  HTML page:      https://secwatch.observer/filing/0001829576-26-000083

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer