Law Firm Brower Piven Announces Investigation of Teche Holding Company Proposed Buyout

The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Teche Holding Company (“Teche” or the “Company”) (NYSE MKT: TSH) and other violations of state law by the board of directors of Teche relating to the proposed buyout of the Company by IberiaBank Corporation (“IBKC”). The firm’s investigation seeks to determine, among other things, whether the board of directors of Teche breached their fiduciary duties by failing to maximize shareholder value.

According to the press release announcing the proposed buyout, Teche shareholders will receive 1.162 shares of IBKC common stock for each share of Teche common stock outstanding, subject to certain market price adjustments provided for in the merger agreement.

If you currently own common stock of Teche and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at hoffman@browerpiven.com, by calling (410) 415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.

Brower Piven, A Professional CorporationStevenson, MarylandCharles J. Piven, 410-415-6616hoffman@browerpiven.com

Teche (AMEX:TSH)
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