INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of C1 Financial, Inc. And Encourages Investors...
18 Novembre 2015 - 9:30PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of C1 Financial, Inc. (NYSE: BNK)
(“C1” or the “Company”) relating to the proposed buyout of the
Company by Bank of the Ozarks, Inc.
Under the terms of the agreement, C1 shareholders are
anticipated to receive the equivalent of $25.00 in shares of Bank
of the Ozarks for each share of C1 common stock they own. The
firm’s investigation seeks to determine, among other things,
whether the Company’s Board of Directors failed to satisfy their
duties to shareholders, including whether the Board adequately
pursued alternatives to the acquisition and whether the Board
obtained the best price possible for the Company’s shares of common
stock.
If you currently own common stock of C1 and believe that the
proposed buyout price is too low, or you would like to learn more
about the investigation being conducted by Brower Piven, please
visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
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version on businesswire.com: http://www.businesswire.com/news/home/20151118006606/en/
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
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