INVESTOR ALERT: LEVI & KORSINSKY, LLP Announces Investigation of JEFFERSON BANCSHARES, INC. & Its Board of Directors In Conne...
23 Enero 2014 - 12:08PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Jefferson Bancshares, Inc. (“Jefferson” or “the Company”)
(Nasdaq:JFBI) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to HomeTrust Bancshares, Inc. (“HomeTrust”) (Nasdaq: HTBI).
Click here to learn more about the action
http://zlk.9nl.com/jefferson-bancshares-jfbi, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Jefferson shareholders will
receive $8.00 per share, comprised of $4.00 in cash and $4.00 in
HomeTrust common stock. The exchange ratio is fixed at 0.2667 if
the average closing price is equal or less than $15.00 per share.
The investigation concerns whether the Jefferson Board breached
their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into this transaction,
and whether HomeTrust is underpaying for Jefferson shares.
If you own Jefferson common stock 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://zlk.9nl.com/jefferson-bancshares-jfbi.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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