The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Encore Bancs...
18 April 2012 - 5:38PM
Marketwired
Levi & Korsinsky notifies investors of Encore Bancshares, Inc.
("Encore" or the "Company") (NASDAQ: EBTX) of claims of breaches of
fiduciary duty and other violations of state law against the board
of directors of the Company in connection with the sale of the
Company to Cadence Bancorp, LLC. Under the terms of the agreement,
Encore shareholders will receive $20.62 for each share of Encore
stock they own. The transaction has a total approximate value of
$250 million. A complaint was filed in New York state court.
Click here to learn how to join the action:
http://zlk.9nl.com/encore-bancshares-ebtx, or call: 877-363-5972.
There is no cost or obligation to you.
The claims concern whether the Encore Board of Directors
breached their fiduciary duties to Encore stockholders by failing
to adequately shop the Company before entering into this
transaction and whether Cadence Bancorp, LLC is underpaying for
Encore shares, thus unlawfully harming Encore stockholders.
If you own common stock in Encore and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, http://zlk.9nl.com/encore-bancshares-ebtx.
Levi & Korsinsky has extensive expertise in prosecuting
investor securities litigation involving financial fraud and
represents investors throughout the nation, concentrating its
practice in securities and shareholder litigation. For more
information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004
Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
www.zlk.com
Encore Bancshares, Inc. (MM) (NASDAQ:EBTX)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Encore Bancshares, Inc. (MM) (NASDAQ:EBTX)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
Echtzeit-Nachrichten über Encore Bancshares, Inc. (MM) (NASDAQ): 0 Nachrichtenartikel
Weitere Levi & Korsinsky, LLP News-Artikel