NEW YORK, Jan. 23, 2014 /PRNewswire/ -- Juan E. Monteverde,
a partner at Faruqi & Faruqi, LLP, a leading national
securities firm headquartered in New York
City, is investigating the Board of Directors of Jefferson
Bancshares, Inc. ("Jefferson" or
the "Company") (NASDAQ: JFBI) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to HomeTrust Bancshares, Inc. in a cash and stock deal
valued at approximately $51.2
million. Under the terms of the proposed transaction,
Jefferson's stockholders will
receive $4.00 in cash and
$4.00 in HomeTrust stock for each
share of Jefferson common stock
they own.
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Request more information now by clicking here:
www.faruqilaw.com/JFBI. There is no cost or obligation to
you.
The investigation focuses on whether Jefferson's Board of Directors breached their
fiduciary duties to the Company's stockholders by failing to
conduct an adequate and fair sales process prior to agreeing to
this proposed transaction, whether and by how much this proposed
transaction undervalues the Company to the detriment of
Jefferson'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
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If you own common stock in Jefferson and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/JFBI or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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