NEW YORK, Jan. 18, 2016 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities firm headquartered in
New York City, is investigating
the Board of Directors of Anchor BanCorp Wisconsin Inc. ("Anchor
BanCorp" or the "Company") (NasdaqGS:ABCW) for potential breaches
of fiduciary duties in connection with the sale of the Company to
Old National Bancorp for approximately $461
million.
The Company's stockholders may elect to receive either
$48.50 in cash or 3.5505 shares of
Old National common stock for each share of Company common stock
they own, or approximately $42.54 per
share.
Click here for more information: www.faruqilaw.com/ABCW.
There is no cost or obligation to you.
The investigation focuses on whether Anchor BanCorp's Board of
Directors breached their fiduciary duties to the Company's
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of Anchor BanCorp's shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
victories on behalf of the firm's clients. To keep track of the
latest securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Anchor BanCorp and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/ABCW or contact Juan Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
685 3rd Avenue, 26th Floor
New York, NY 10017
Attn: Juan Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2016 Faruqi & Faruqi, LLP.
The law firm responsible for this advertisement is Faruqi &
Faruqi, LLP (www.faruqilaw.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter. We are happy to discuss your particular case.
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