NEW YORK, May 12, 2014 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of SP Bancorp,
Inc. ("SP Bancorp" or "the Company") (Nasdaq: SPBC) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Green Bancorp, Inc.
Click here to learn more about the investigation:
http://zlk.9nl.com/sp-bancorp-spbc, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, SP Bancorp shareholders will
receive $29.55 for each share of SP
Bancorp stock they own. The investigation concerns whether the SP
Bancorp Board of directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction, and whether Green Bancorp,
Inc. is underpaying for SP Bancorp shares.
If you own SP Bancorp 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/sp-bancorp-spbc.
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, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP