NEW YORK, Nov. 12, 2013 /PRNewswire/ -- The Law
Offices of Vincent Wong are
investigating potential claims against the Board of Directors of
Metrocorp Bancshares Inc. (NasdaqGS: MCBI) ("Metrocorp") regarding
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to East West
Bancorp, Inc. (NasdaqGS: EWBC).
Click here to learn about the case:
http://wongesq.9nl.me/metrocorp-bancshares-mcbi/. There is
no cost or obligation to you.
Under the terms of the transaction, Metrocorp shareholders will
receive the lesser of $14.60 per
share and 1.72 times per-share tangible equity for each share of
Metrocorp stock they own. The investigation concerns whether the
Metrocorp Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company to obtain
the best possible value for Metrocorp shareholders.
If you own common stock in Metrocorp and wish to obtain
additional information, please contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.425.1140, or visit
http://wongesq.9nl.me/metrocorp-bancshares-mcbi/.
Vincent Wong, Esq. is an
experienced attorney that has represented investors in securities
litigations involving financial fraud and violations of shareholder
rights. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
SOURCE The Law Offices of Vincent
Wong