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UMB Bank Pressures Debtor to Take Farmers’ Grain Without Payment, Says Complaint

November 8, 2021

This class action is brought by Mississippi farmers against UMB Bank, NA, alleging that it propped up Express Grain Terminals and pressured it to take farmers’ grain during the fall harvest, so that the farmers were not paid for the grain. The complaint alleges that UMB understood Express Grain’s financial situation and took advantage of that knowledge to gain more collateral for itself, at the expense of the farmers.

Case Event File: UMB Bank Pressures Debtor to Take Farmers’ Grain Without Payment, Says Complaint

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