The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of GS F...
April 01 2011 - 9:56AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
GS Financial, Inc. (“GS Financial” or the “Company”) (Nasdaq: GSLA)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Home
Bancorp, Inc. Under the terms of the transaction, GS Financial
shareholders will receive $21.00 cash per share of GS Financial
stock they own for a total transaction value of $26.2 million.
Click here to learn how to join the action:
http://www.zlk.com/gs-financial-corporation-gsla.html, or call:
877-363-5972.
The investigation concerns whether the GS Financial Board of
Directors breached their fiduciary duties to GS Financial
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Home Bancorp is
underpaying for GS Financial shares, thus unlawfully harming GS
Financial stockholders. In particular, GS Financial stock reported
a book value of $22.18 per share for the most recent quarter.
If you own common stock in GS Financial and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/gs-financial-corporation-gsla.html.
Levi & Korsinsky has expertise in prosecuting investor
securities litigation and extensive experience in actions involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
GS Financial Corp. (MM) (NASDAQ:GSLA)
Historical Stock Chart
From Jun 2024 to Jul 2024
GS Financial Corp. (MM) (NASDAQ:GSLA)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about GS Financial Corp. (MM) (NASDAQ): 0 recent articles
More Levi & Korsinsky, LLP News Articles