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Wade settles suit against CUB

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By Lisa King

The former CEO of Citizen Union Bank has settled his lawsuit against the bank.
CUB and Billie Wade, who served as president and CEO from 1991 until March 2010, have settled a wrongful termination and defamation suit Wade filed in July 2010.
A mediator’s report, submitted to Shelby Circuit Court on Feb. 13, contained no details of the settlement, saying merely that, “all claims among the parties have been settled.”


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