Finkelstein Thompson LLP Investigates Potentially Unfair Buyout of VantageSouth Bancshares, Inc.

WASHINGTON--(BUSINESS WIRE)--

The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of VantageSouth Bancshares, Inc. VSB (“VantageSouth” or “the Company”), concerning the Company's proposed acquisition by Yadkin Financial Corporation YDKN (“Yadkin Financial”). Under the terms of the proposal, VantageSouth shareholders will receive 0.3125 shares of Yadkin Financial common stock for each share of VantageSouth they own. This represents a consideration of $5.41 based on Yadkin Financial's closing price of $17.31 on Friday, January 24, 2014. At least one analyst has set a target price of $6.50 for VantageSouth shares. The entire transaction is valued at approximately $299 million.

The investigation is focused on whether VantageSouth's Board of Directors breached its fiduciary duty in failing to maximize consideration to shareholders, the potential unfairness of the consideration to shareholders, the process by which the Board considered the transaction, and potential conflicts of interest among the Company's Board members.

If you are interested in discussing your rights as a VantageSouth shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or (202) 337-8000, or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our website at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.