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BLUE RIDGE BANK v. VERIBANC, INC.

Nos. 87-2213, 87-2223.

866 F.2d 681 (1989)

BLUE RIDGE BANK, Plaintiff-Appellee, v. VERIBANC, INC., Defendant-Appellant. BLUE RIDGE BANK, Plaintiff-Appellant, v. VERIBANC, INC., Defendant-Appellee.

United States Court of Appeals, Fourth Circuit.

Decided January 20, 1989.

Attorney(s) appearing for the Case

L. Thompson Hanes (John L. Cooley, Fox, Wooten & Hart, P.C., Roanoke, Va., on brief), for defendant-appellant.

James W. Haskins (Robert L. Bushnell, Young, Haskins, Mann & Gregory, P.C., Martinsville, Va., on brief), for plaintiff-appellee.

(Ronald L. Plesser, Robert G. Berger, Nash, Railsback & Plesser, Washington, D.C., Henry R. Kaufman, Robert D. Sack, Gibson, Dunn & Crutcher, on brief), for amici curiae Information Industry Ass'n and Dow Jones & Co., Inc.

Before WINTER, Chief Judge, SPROUSE and WILKINS, Circuit Judges.

HARRISON L. WINTER, Chief Judge:

This is a diversity action arising from the alleged libel of Blue Ridge Bank by Veribanc, Inc. Blue Ridge Bank is a full-service banking institution located in Floyd County, Virginia, and Veribanc is a Massachusetts corporation engaged in the generation and dissemination of information concerning financial institutions based on data submitted to federal regulatory agencies. Following a jury trial, the district court entered judgment...

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