BCSB Bancorp, Inc. Shareholder Alert: Briscoe Law Firm and Powers Taylor Investigate Sale of BCSB Bancorp to F.N.B. Corporation
June 17 2013 - 11:31AM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor,
LLP are investigating the sale of BCSB Bancorp, Inc. (“BCSB” or
“Company”) (NasdaqGM: BCSB) to F.N.B. Corporation for shareholders.
Under the terms of the proposed sale, BCSB shareholders will
receive only 2.08 shares of F.N.B. Corporation stock for each share
of BCSB stock owned, representing an approximate value of $23.75
per share.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, please contact Willie Briscoe
at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at
WBriscoe@TheBriscoeLawFirm.com or Patrick Powers at Powers Taylor,
LLP, toll free (877) 728-9607, via e-mail at
patrick@powerstaylor.com. There is no cost or fee to you.
The investigation of the BCSB sale concerns whether BCSB’s
shareholders are receiving adequate value for their shares and
whether BCSB’s board breached their fiduciary duties to the
shareholders by not attempting to obtain the highest share price
for all shareholders prior to agreeing to the deal.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that
handles a variety of complex business litigation matters, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
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