NEW YORK, Feb. 2, 2012 /PRNewswire/ -- Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of VIST Financial Corp. (NASDAQ: VIST) (referred to as "VIST" or the "Company") to Tompkins Financial Corporation (" Tompkins"), in a stock transaction valued at approximately $86 million at the time of signing the merger agreement, or $12.50 per VIST common share.

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Under the terms of the agreement, VIST shareholders will receive 0.3127 shares of Tompkins common stock for each share of VIST common stock held, subject to adjustment based on the average of the closing prices of Tompkins common stock for the 20 business days ending three business days prior to the VIST shareholder meeting called to consider the merger agreement (the "Average Closing Price").  If the Average Closing Price is more than $43.98, the Exchange Ratio shall be 0.2842; and if the Average Closing Price is less than $35.98, the Exchange Ratio shall be 0.3475.

Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company's shareholders.

If you are a holder of VIST common stock and want to discuss your legal rights, you may e-mail or call Bull & Lifshitz, LLP who will, without obligation or cost to you, attempt to answer your questions.  

If you are a shareholder of VIST and would like more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: counsel@nyclasslaw.com.  All e-mail correspondence should make reference to VIST.

Bull & Lifshitz, LLP is a New York City -based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions.  For more information about the firm, please visit our website at www.nyclasslaw.com.

ATTORNEY ADVERTISING. © 2012 Bull & Lifshitz, LLP.  The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Bull & Lifshitz, LLP
Phone: 212-213-6222
Fax: 212-213-9405
Email: counsel@nyclasslaw.com

SOURCE Bull & Lifshitz, LLP