INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of LSB Financial Corp. & Its Board of Directors In Connection W...
09 Juin 2014 - 5:09PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
LSB Financial Corporation (“LSB Financial” or “the Company”)
(NasdaqGS:LSBI) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Old National Bancorp.
Click here to learn more about the investigation:
http://zlk.9nl.com/lsb-financial-lsbi, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, LSB Financial shareholders
will receive $10.63 in cash and 2.269 shares of Old National for
each share of LSBI common stock they own. The investigation
concerns whether the LSB Financial Board of Directors breached
their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into this transaction,
and whether Old National Bancorp is underpaying for LSB Financial
shares.
If you own LSB Financial common stock 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 visit
http://zlk.9nl.com/lsb-financial-lsbi.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212)
363-7500Toll Free: (877) 363-5972Fax: (866) 367-6510www.zlk.com
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