Branch2 Intelligence
8-K/A - River Financial Corp (0001641601) (Filer)
Key takeaway
River Financial Corp discloses a cybersecurity incident with data exfiltration; two class-action lawsuits filed.
- Step 11st-order: Unauthorized network access and data removal at River Financial Corp.
- Step 22nd-order: Two class-action lawsuits filed, increasing legal and settlement costs.
- Step 33rd-order: SME clients face data liability and may switch providers, impacting River's deposit base.
Source: SEC EDGAR — Current filings
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