LOUISVILLE, Ky.--(BUSINESS WIRE)--PBI Bank, Inc. announced today that a settlement agreement has been reached with the United States Department of Labor (DOL) in an Employee Stock Ownership Plan (ESOP) matter that was pending in federal court in the Northern District of Indiana. Thomas E. Perez, Secretary of the United States Department of Labor v. PBI Bank, Inc. (Civ. Action 3:13-CV-1400-PPS) pertains to PBI Bank’s service as trustee for the Miller’s Health Systems, Inc. 2007 ESOP acquisition
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