On August 17, 2026, Carter Bankshares, Inc. (the "Company") and its wholly-owned subsidiary, Carter Bank & Trust (the "Bank"), announced that the lawsuit filed against the Company and the Bank (along with certain other unaffiliated persons and entities) in the Circuit Court of Greenbrier County, West Virginia, by James C. Justice, II, his son James C. Justice, III, his daughter Jillean L. Justice, and various related entities that he and/or they own or in which they have an investment (collectively, the "Justice Parties"), has been voluntarily dismissed with prejudice.