Holzer Holzer & Fistel, LLC Announces Investigation into the Proposed Buyout of Encore Bancshares, Inc.
06 Mars 2012 - 6:29PM
Business Wire
Holzer Holzer & Fistel, LLC is investigating whether the
directors of Encore Bancshares, Inc. (“Encore” or the “Company”)
(NASDAQ: EBTX) complied with their fiduciary duties in approving
the proposed acquisition of the Company by Cadence Bancorp LLC.
According to the Company’s announcement, if the deal closes Encore
shareholders will receive $20.62 per share of EBTX owned. The
investigation seeks to determine, among other things, whether the
consideration to be paid to Encore shareholders is fair and
adequate.
Current holders of Encore common stock with questions concerning
their legal rights are encouraged to contact Holzer Holzer &
Fistel, LLC and its attorneys Corey D. Holzer, Esq. or Marshall P.
Dees, Esq. via email at cholzer@holzerlaw.com, or
mdees@holzerlaw.com, or via toll-free telephone at (888)
508-6832.
Holzer Holzer & Fistel, LLC dedicates its practice to
vigorous representation of shareholders and investors in litigation
nationwide, including shareholder class action and derivative
litigation. More information about the firm is available through
its website, www.holzerlaw.com, and upon request from the
firm. Holzer Holzer & Fistel, LLC has paid for the
dissemination of this promotional communication, and Corey D.
Holzer is the attorney responsible for its content.
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