BALA CYNWYD, Pa., Jan. 15, 2014 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Teche Holding
Company ("Teche" or the "Company") (NYSE MKT: TSH) relating to the
proposed acquisition by IBERIABANK Corporation ("IBKC").
Click here to learn more about the investigation
http://brodsky-smith.com/708--teche-holding-company.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Teche shareholders will
receive only 1.162 shares of IBKC for each share of Teche
stock they own. The investigation concerns possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Teche for not acting in the Company's shareholders'
best interests in connection with the sale process. The
investigation seeks to determine if conflicts of interest played a
role in the transaction and if the Teche Board of Directors failed
to conduct an adequate auction process resulting in IBKC
underpaying Teche shareholders.
If you own shares of Teche common stock and wish to discuss the
legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 602, Bala
Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/708--teche-holding-company.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
SOURCE Brodsky & Smith, LLC