On January 31, 2024, Driver Management Company LLC issued a letter to shareholders of AmeriServ Financial, Inc. expressing its view that the Company brought a claim in the Western District against Abbott Cooper alleging that he had interfered with the Company?s contract to pay Jack Babich for twenty months following Jack Babich?s retirement. Driver Management Company stated that Abbott Cooper expressed that the Company?s claims are meritless and intends to vigorously defend against them, including by asserting that, among other things, the Jack Babich agreement is void as against public policy.