UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 29, 2009
(Exact name of registrant as specified in its charter)
FLORIDA
(State or Other Jurisdiction of Incorporation)
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| 001-31940
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25-1255406 |
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| (Commission File Number)
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(IRS Employer Identification No.) |
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| One F.N.B. Boulevard, Hermitage, PA
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16148 |
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| (Address of Principal Executive Offices)
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(Zip Code) |
(724) 981-6000
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see
General Instructions A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 8.01. OTHER EVENTS.
Fan Cooley, et al. v. F.N.B. Corporation, et al, No. 10010 of 2003 (Lawrence Co., Pa):
On December 29, 2009, the Corporation and its subsidiaries, First National Bank of
Pennsylvania (Bank) and Regency Finance Company (Regency), reached an agreement to
settle the claims on a class wide basis. The proposed settlement is subject to
approval by the Court. Under the terms of the settlement, the Bank and Regency will
establish a settlement fund of $1.7 million for distribution to settlement class
members on a pro rata basis and release certain deficiency balances owed by class
members, in exchange for a complete release of all claims by the plaintiffs and the
class. Attorney fees also will be paid out of the settlement fund. Class members will
receive notice of the settlement agreement and be afforded an opportunity to opt out of
the settlement class. The Corporation anticipates that the proposed settlement will be
approved by the court, at the agreed upon terms.