Skip to main content

Market Overview

SHAREHOLDER ALERT: WeissLaw LLP Reminds JCAP, SCBH, and MR Shareholders About Its Ongoing Investigations

Share:

NEW YORK, Oct. 14, 2020 /PRNewswire/ --

If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:

Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

Jernigan Capital, Inc. (NYSE:JCAP) - URGENT- SHAREHOLDER VOTE OCTOBER 26, 2020

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Jernigan Capital, Inc. (NYSE:JCAP) in connection with the proposed acquisition of the company by an affiliate of NexPoint Advisors, L.P.  Under the terms of the acquisition agreement, holders of JCAP's common stock will receive $17.30 in cash for each share that they own, while holders of JCAP's Series B Preferred stock will receive $25.00 in cash for each Series B Preferred share, nearly $8.00 per share more than common shareholders.  If you own JCAP shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/jernigan-capital-inc/   

Seacoast Commerce Banc Holdings (OTCPK: SCBH)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Seacoast Commerce Banc Holdings (OTCPK: SCBH) in connection with the proposed acquisition of the company by Enterprise Financial Services Corp ("Enterprise Financial").  Under the terms of the merger agreement, SCBH shareholders will receive 0.5061 shares of Enterprise Financial common stock for each SCBH share that they own, representing implied per-share merger consideration of $14.94 based upon Enterprise Financial's October 13, 2020 closing price of $29.52. If you own SCBH shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website:  https://weisslawllp.com/seacoast-commerce-banc-holdings-inc/ 

Montage Resources Corporation (NYSE:MR)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Montage Resources Corporation (NYSE:MR) in connection with the proposed acquisition of the company by Southwestern Energy Company ("SWN").  Under the terms of the agreement, MR shareholders will receive 1.8656 shares of SWN for each share of MR common stock that they own, representing implied per-share merger consideration of approximately $5.24 based upon SWN's October 13, 2020 closing price of $2.81.  If you own MR shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/montage-resources-corporation/    

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-reminds-jcap-scbh-and-mr-shareholders-about-its-ongoing-investigations-301152775.html

SOURCE WeissLaw LLP

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com