BALA CYNWYD, Pa., Nov. 15, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Yadkin Financial
Corporation ("Yadkin" or "the Company") (NYSE: YDKN) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to F.N.B. Corporation
("FNB").
Click here to learn more
http://www.brodskysmith.com/cases/yadkin-financial-corporation-nyse-ydkn/,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Yadkin shareholders will
receive only approximately $27.35 in
FNB stock for each share of Yadkin stock they own. The
investigation concerns whether the Board of Yadkin breached
their fiduciary duties to shareholders and whether FNB is
underpaying for the Company. The transaction may undervalue the
Company and would result in no real gain for many Yadkin
shareholders. For example, Yadkin stock closed at $30.81 per share on November 15, 2016 and an analyst has set a
$29.00 per share price target for
Yadkin stock.
If you own shares of Yadkin stock and wish to discuss the legal
ramifications of the investigation, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L.
Brodsky, Esquire or Evan J. Smith,
Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
510, Bala Cynwyd, PA 19004,
by visiting
http://www.brodskysmith.com/cases/yadkin-financial-corporation-nyse-ydkn/,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC
