NEW ORLEANS, May 7, 2014 /PRNewswire/ -- Former Attorney
General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of
Kahn Swick & Foti, LLC ("KSF") are investigating the proposed
sale of SP Bancorp, Inc. ("SP" or the "Company") (NASDAQ: SPBC),
the parent holding company of SharePlus Bank, to Green Bancorp,
Inc., the parent holding company of Green Bank. Under
the terms of the proposed transaction, shareholders of SP will
receive only $29.55 in cash for each
share of SP common stock that they own. KSF is seeking to
determine whether this consideration and the process that led to it
are adequate, or whether the consideration undervalues the
Company.
If you believe that this transaction undervalues the Company
and/or if you would like to discuss your legal rights regarding the
proposed sale, you may, without obligation or cost to you, e-mail
or call KSF Managing Partner Lewis S. Kahn
(lewis.kahn@ksfcounsel.com) or associate Michael J. Palestina
(michael.palestina@ksfcounsel.com) toll free at any time at
855-768-1857.
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
SOURCE Kahn Swick & Foti, LLC