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The Law Offices of Vincent Wong Notifies Investors of an Investigation of Atlantic Coast Financial Corporation in Connection with the Sale of the Company to Ameris Bancorp


The Law Offices of Vincent Wong are investigating the Board of Directors
of Atlantic Coast Financial Corporation (NASDAQ:ACFC) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Ameris Bancorp
(NASDAQ:ABCB). Under the terms of the deal, Atlantic Coast Financial
shareholders will receive 0.17 shares of Ameris common stock and $1.39
in cash per share.

The investigation concerns whether the Atlantic Coast Financial Board of
Directors breached their fiduciary duties to Atlantic Coast Financial
stockholders by failing to adequately shop the Company before entering
into this transaction and whether Ameris Bancorp is underpaying for
Atlantic Coast Financial shares, thus unlawfully harming Atlantic Coast
Financial stockholders.

If you own common stock in Atlantic Coast Financial and wish to obtain
additional information, please contact Vincent Wong, Esq. either via
email, by telephone
at 212.425.1140, or

Vincent Wong, Esq. is an experienced attorney that has represented
investors in securities litigations involving financial fraud and
violations of shareholder rights. Attorney advertising. Prior results do
not guarantee similar outcomes.

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