FRANKLIN FINANCIAL NETWORK, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger

WILMINGTON, DE / ACCESSWIRE / January 22, 2020 / Rigrodsky & Long, P.A.:

Do you own shares of Franklin Financial Network, Inc. (NYSE: FSB)?
Did you purchase any of your shares prior to January 21, 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 Franklin Financial Network, Inc. ("Franklin Financial" or the "Company") (NYSE:FSB) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by FB Financial Corporation ("FB Financial") (NYSE: FBK) in a deal valued at approximately $611 million. Under the terms of the agreement, shareholders of Franklin Financial common stock will receive 0.9650 shares of FB Financial and $2.00 in cash for each share of Franklin Financial they own.

If you own common stock of Franklin Financial and purchased any shares before January 21, 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: 573841