Faruqi & Faruqi, LLP, Partner Juan E. Monteverde Launches an Investigation of Taylor Capital Group Inc. Over the Proposed Sal...
30 Juli 2013 - 2:00PM
Business Wire
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Taylor Capital Group Inc.
(“Taylor” or the “Company”) (TAYC) for potential breaches of
fiduciary duties in connection with their conduct related to the
sale of the Company to MB Financial Inc. (MBFI) in stock and cash
deal valued at $627.7 million. Under the terms of the proposed
transaction, Taylor’s stockholders will receive 0.64318 of MB
Financial stock and $4.08 in cash for each share of Taylor stock
they own, representing a value of approximately $21.58 per
share.
Request more information now by clicking here:
www.faruqilaw.com/TAYC. There is no cost or
obligation to you.
The investigation focuses on whether Taylor’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction, whether and by how much this
proposed transaction undervalues the Company to the detriment of
Taylor’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Taylor and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/TAYC or contact Juan E. Monteverde,
Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone
at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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