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Atlantic Coast Financial Corporation Shareholder Alert: Former SEC Attorney Willie Briscoe Investigates Merger with Ameris Bancorp

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Former United States Securities and Exchange Commission attorney Willie
Briscoe
is investigating potential claims against the Board of
Directors of Atlantic Coast Financial Corporation ("Atlantic Coast")
(NASDAQ:ACFC) concerning the merger with Ameris Bancorp (NASDAQ:ABCB).
Under the terms of the agreement, valued at approximately $145 million,
Atlantic Coast shareholders will only receive 0.17 shares of Ameris
common stock and $1.39 in cash per Atlantic Coast share held.

If you are an affected investor, and you want to learn more about the
investigation or if you have information that you believe would be
helpful to our investigation of the fairness of the proposed
transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via
email at shareholders@thebriscoelawfirm.com
or by calling (888) 809-2750. There is no cost or fee to you.

The investigation centers on whether Atlantic Coast's Board of Directors
is acting in the shareholders' best interests, whether the board is
properly negotiating a higher share price for the shareholders, and
whether the board has employed an adequate process to review and act on
the proposed transaction.

The
Briscoe Law Firm, PLLC
is a full-service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation matters, including claims of investor and
stockholder fraud, shareholder derivative suits, and securities class
actions.

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