POAGE BANKSHARES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Merger

Loading...
Loading...

Rigrodsky & Long, P.A.:

  • Do you own shares of Poage Bankshares, Inc. (NASDAQ CM: PBSK)?
  • Did you purchase any of your shares prior to July 11, 2018?
  • 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 Poage Bankshares, Inc. ("Poage" or the "Company") (NASDAQ CM: PBSK) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to merge with City Holding Company ("City") (NASDAQ GS: CHCO) in a transaction valued at approximately $93.5 million. Under the terms of the agreement, shareholders of Poage will receive 0.335 shares of City common stock for each share of Poage common stock.

If you own common stock of Poage and purchased any shares before July 11, 2018, 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 at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, 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.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...