EQUITY ALERT: The Rosen Law Firm Announces Investigation of Louisiana Bancorp, Inc. Concerning its Proposed Sale to Home Banc...
23 Giugno 2015 - 12:14AM
Business Wire
The Rosen Law Firm, a global investor rights law firm, announces
that it is investigating the Board of Directors of Louisiana
Bancorp, Inc. (NASDAQ: LABC) for possible breaches of fiduciary
duty and other violations of law by failing to adequately shop
Louisiana Bancorp to maximize shareholder value before agreeing to
be acquired by Home Bancorp, Inc. (NASDAQ: HBCP).
If you would like to join the action, go to the firm’s website
at http://rosenlegal.com/cases-644.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 $24.25 in cash for each share of Louisiana Bancorp common
stock they own. The proposed transaction is valued at approximately
$74.5 million. The investigation relates to whether the proposal is
fair to the public shareholders of Louisiana Bancorp and whether
Louisiana Bancorp’s Board breached its fiduciary duties in
connection with the proposed sale.
If you currently own shares of Louisiana Bancorp and wish to
obtain additional information, please visit the firm’s website at
http://rosenlegal.com/cases-644.html. You may also contact Phillip
Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653
or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The 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/20150622006448/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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