EQUITY ALERT: Rosen Law Firm Announces Investigation of Jacksonville Bancorp, Inc. Concerning its Proposed Sale to Ameris Ban...
01 Outubro 2015 - 3:46PM
Business Wire
Rosen Law Firm, a global investor rights law firm, announces
that it is investigating the Board of Directors of Jacksonville
Bancorp, Inc. (NASDAQ:JAXB) for possible breaches of fiduciary duty
and other violations of law by failing to adequately shop
Jacksonville Bancorp to maximize shareholder value before agreeing
to be acquired by Ameris Bancorp (NASDAQ:ABCB).
If you would like to join the action, go to the firm’s website
at http://rosenlegal.com/cases-732.html or contact Phillip Kim or
Kevin Chan toll-free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the proposed transaction, shareholders will
receive either 0.5861 shares of Ameris common stock or $16.50 in
cash for each share of Jacksonville Bancorp common stock they own,
subject to the total consideration being 75% stock and 25% cash.
The proposed transaction is valued at approximately $96.6 million.
The investigation relates to whether the proposal is fair to the
public shareholders of Jacksonville Bancorp and whether
Jacksonville Bancorp’s Board breached its fiduciary duties in
connection with the proposed sale.
If you currently own shares of Jacksonville Bancorp and wish to
obtain additional information, please visit the firm’s website at
http://rosenlegal.com/cases-732.html. You may also contact Phillip
Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or
via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20151001006712/en/
The Rosen Law Firm, P.A.Phillip Kim, Esq.Kevin Chan,
Esq.Laurence Rosen, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: (212) 686-1060Toll Free: 1-866-767-3653Fax: (212)
202-3827pkim@rosenlegal.comkchan@rosenlegal.comlrosen@rosenlegal.comwww.rosenlegal.com
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