Harwood Feffer LLP Announces Investigation of VantageSouth Bancshares, Inc. - WKRN News 2

Harwood Feffer LLP Announces Investigation of VantageSouth Bancshares, Inc.

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Harwood Feffer LLP

NEW YORK, Feb. 6, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of VantageSouth Bancshares, Inc. ("VSB" or the "Company") (NYSE: VSB) concerning the proposed acquisition of the Company by Yadkin Financial Corporation ("Yadkin").    

(Logo: http://photos.prnewswire.com/prnh/20120215/MM54604LOGO)

On February 6, 2014, VSB announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by Yadkin.  Under the terms of the agreement, VSB shareholders will receive 0.3125 shares of Yadkin per VSB share held.    

Our investigation concerns whether the VSB board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders. 

If you own VSB shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising © 2014 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WKRN (Young Broadcasting station). All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.