NEW YORK, Feb. 11, 2013 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of First M&F
Corporation ("M&F" or the "Company") (NasdaqGS: FMFC) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Renasant
Corporation ("Renasant") (NasdaqGS: RNST).
Click here to learn how to join the action:
http://zlk.9nl.com/first-mf-fmfc/, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, M&F shareholders will
receive 0.6425 shares of Renasant stock for each share of M&F
stock they own; based on the 10-day average closing price of
Renasant stock, this represents an approximate value of
$12.35 per share. The investigation
concerns whether the M&F Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether Renasant
is underpaying for M&F shares, thus unlawfully harming M&F
stockholders.
If you own common stock in M&F and wish to obtain additional
information, please contact Joseph E. Levi,
Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or
http://zlk.9nl.com/first-mf-fmfc/.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, and Washington D.C. The firm
has extensive expertise in prosecuting securities litigation
involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. The attorneys
at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of
investors. For more information, please feel free to contact
any of the attorneys listed below. Attorney advertising. Prior
results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
SOURCE Levi & Korsinsky, LLP