Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of C1 Financial, Inc. (“C1” or the “Company”) (NYSE:BNK) for potential breaches of fiduciary duties in connection with the sale of the Company to Bank of the Ozarks, Inc. for approximately $400 million.

The Company’s stockholders will only receive the equivalent of $25.00 in shares of Bank of Ozarks for each share of Company common stock they own. However, the offer provides virtually no premium over the 52-week high of $24.99 per share and at least one analyst’s target price of $25.00 per share.

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The investigation focuses on whether C1’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of C1’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. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in C1 and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/BNK or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew York, NY 10017Attn: Juan Monteverde, Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212) 983-9330

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