SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Southcoast Financial Corp. of Commencement of an Investigat...
24 Agosto 2015 - 11:29AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All Persons or Entities who purchased Southcoast
Financial Corporation stock prior to August
14, 2015.
You are hereby notified that Levi & Korsinsky, LLP
has commenced an investigation into the fairness of the
sale of Southcoast Financial Corporation (NASDAQ: SOCB) to BNC
Bancorp (NASDAQ: BNCN) for a fixed price of $13.35 for each share
of Southcoast common stock, payable in shares of BNC common stock
based upon the 20-day volume weighted average price of BNC common
stock prior to the closing of the merger subject to minimum and
maximum exchange ratios. To learn more about the investigation and
your rights, go to:
http://zlk.9nl.com/southcoast-financial-socb
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities lawsuits and have recovered
hundreds of millions of dollars for aggrieved shareholders. 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.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212)
363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171www.zlk.com
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version on businesswire.com: http://www.businesswire.com/news/home/20150824005787/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.(212) 363-7500,
toll-free: (877) 363-5972jlevi@zlk.com
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