Palmetto State Bank and the law firm of Bland Richter, LLP are pleased to announce that a settlement has been reached between the bank and the Estate of Gloria Satterfield, Tony Satterfield and Brian Harriott that ends the pending lawsuit between them. Although Palmetto State Bank never handled the settlement funds nor was it responsible for the alleged actions of Alex Murdaugh, Palmetto State Bank and its board of directors made the business decision to prioritize ending this matter for the mutual benefit of Ms. Satterfield’s sons, its customers and shareholders, and the Hampton community at large.
The Satterfield family appreciates Palmetto State Bank’s decision, agrees that it has acted responsibly and confirms that Palmetto State Bank continues to be a good corporate citizen in Hampton County and throughout South Carolina.
The Estate of Gloria Satterfield is represented by Eric Bland and Ronnie Richter of BLAND RICHTER, LLP.
Palmetto State Bank is represented by G. Trenholm Walker and Thomas P. Gressette, Jr. of WALKER GRESSETTE FREEMAN & LINTON, LLC.