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Attorney Spotlight

Learn about Richard Arnholt's diverse government contracts practice and why he chose to pursue a career in the legal field. Read more>

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In June 2017, Pinnacle Financial Partners, Inc. (NASDAQ: PNFP) closed a $1.9 billion merger with BNC Bancorp (NASDAQ: BNCN) pursuant to which BNC merged with and into Pinnacle. With the completion of the transaction, Pinnacle becomes a Top 50 U.S. Bank. The merger will create a four state footprint concentrated in 12 of the largest urban markets in the Southeast. 

Bass, Berry & Sims has served Pinnacle as primary corporate and securities counsel for more than 15 years and served as counsel on the transaction. Our attorneys were involved in all aspects related to the agreement, including tax, employee benefits and litigation. 

Read more details about the transaction here.

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Regulation A+

It seems that lately there has been a noticeable uptick in Regulation A+ activity, including several recent Reg A+ securities offerings where the stock now successfully trades on national exchanges. In light of this activity, we have published a set of FAQs about Regulation A+ securities offerings to help companies better understand this "mini-IPO" offering process, as well as pros and cons compared to a traditional underwritten IPO.

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Privacy Perils: Pokémon Go App Corrects Access to User Data

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July 15, 2016

Gamers who downloaded the Pokémon Go game were given a scare on Monday after it was pointed out that the app apparently had been granted "full access" to users' Google accounts. Pokémon players logging into the iOS app with Google accounts granted the app certain access permissions by default. Unlike other apps, the game did not display what permissions would be granted. Niantic, Inc., the makers of Pokémon Go, issued a statement saying that it erroneously requested such permission from some iOS users, but Pokémon Go "only accesses basic Google profile information (specifically, your User ID and email address)." Niantic, Inc. indicated that it was swiftly taking steps to ensure that the app can only access basic profile information from your Google account. Now, a new update is available for iOS users that fixes the account settings altogether. Please note, the permissions issue only relates to the iOS (Apple) version of the game and is not the case with the Android download.

If you downloaded the Pokémon Go app on your Apple device and are concerned about the privacy of your Google account, please ensure that your app has been updated and check your account security on Google to see which apps are accessing your information and change permissions if needed. Further, this is a good reminder to check the requested permissions when downloading any app, rather than just hitting "Install."

Privacy Perils imageCheck out our series, Privacy Perils, to learn what steps you can take to guard your personal and company data. For more information about this topic and other cyber security concerns, please contact Bob Brewer, Tony McFarland, Elizabeth Warren or a member of our Privacy & Data Security team.

 


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