NEW YORK, May 25, 2017 /PRNewswire/ -- Juan Monteverde,
founder and managing partner at Monteverde & Associates PC, a
boutique securities firm headquartered at the Empire State
Building in New York City, is
investigating Eastern Virginia Bankshares, Inc. ("Eastern Virginia
Bankshares" or the "Company") (NASDAQGS: EVBS) relating to the sale
of the Company to affiliates of Southern National Bancorp of
Virginia, Inc. As a result of the
merger, Eastern Virginia Bankshares shareholders are only
anticipated to receive $9.72 per
share in cash in exchange for each share of Eastern Virginia
Bankshares.
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free
and there is no cost or obligation to you.
The investigation focuses on whether Eastern Virginia Bankshares
and its Board of Directors violated securities laws and/or breached
their fiduciary duties to the Company's stockholders by 1) failing
to conduct a fair process 2) whether and by how much this proposed
transaction undervalues the Company by and 3) failing to disclose
all material financial information in connection with the upcoming
shareholder meeting.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
If you own common stock in Eastern Virginia Bankshares and wish
to obtain additional information and protect your investments free
of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@monteverdelaw.com or by telephone at (212)
971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE Monteverde & Associates PC