CENTERSTATE BANK CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger
WILMINGTON, DE / ACCESSWIRE / January 27, 2020 / Rigrodsky & Long, P.A.:
Do you own shares of CenterState Bank Corporation (NASDAQ GS:CSFL)?
Did you purchase any of your shares prior to January 27, 2020?
Do you think the proposed merger is fair?
Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of CenterState Bank Corporation ("CenterState" or the "Company") (NASDAQ GS: CSFL) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by South State Corporation ("South State") (NASDAQ GS: SSB). Under the terms of the agreement, shareholders of CenterState will receive 0.3001 shares of South State common stock for each share of CenterState common stock they own. CenterState shareholders will own approximately 53% and South State shareholders will own approximately 47% of the combined company.
If you own common stock of CenterState and purchased any shares before January 27, 2020, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
SOURCE: Rigrodsky & Long P.A.
ReleaseID: 574200