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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: Beware the Email Top-Level Domain

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January 20, 2017

By now we all know to double check email addresses for errors before hitting send. People typically check to make sure the name is correct and that the email is going to the right individual – john.doe@client.com instead of john.doe@nonclient.com. What is less commonly checked is the end of the email address, the top-level domain –.com, .net, .com.au, .as.

A recent revelation by NAB, a major Australian bank, highlights the need to check the top-level domain, too. As this article explains, NAB owns the domain nab.com.au, but not nab.com. An employee apparently forgot to add the .au to an address when sending an email to another bank employee containing information about more than 60,000 bank accounts. 

Although the incident occurred in 2012, it was only recently disclosed. While the owner of the website appears to be cooperating and the address to which the information was sent is not used, it could easily have been otherwise.

So remember – check the top-level domain, too, especially when corresponding with people overseas. It's much easier to double check an email address than it is to explain why you sent privileged information to an incorrect, and potentially questionable, email address.

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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