WAYNE, Pa., Jan. 14, 2014 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Teche Holding Company ("Teche" or the "Company")
(NYSE MKT: TSH) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell
the Company to IBERIABANK Corporation ("IBKC").
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If you own shares of Teche and would like to learn more about
these claims or if you wish to discuss these matters and have any
questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/tsh. You may also email Mr. Maniskas
at rmaniskas@rmclasslaw.com.
Under the terms of the transaction, Teche shareholders will
receive 1.162 shares of IBKC common stock for each share of Teche
common stock they own, representing a value of approximately
$72.16 per share.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by Teche's Board of Directors for
not acting in the Company's shareholders' best interests in
connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT: Ryan & Maniskas,
LLP
Richard
A. Maniskas,
Esquire
995
Old Eagle School Rd., Suite
311
Wayne,
PA
19087
877-316-3218
www.rmclasslaw.com/cases/tsh
rmaniskas@rmclasslaw.com
SOURCE Ryan & Maniskas, LLP