SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces the Investigation of Heritage Financial Group, Inc. (HBOS) Over the Proposed Sale of the Company to Renasant Corp. (RNST)
BALA CYNWYD, Pa., Dec. 15, 2014 /PRNewswire/ -- Law office of Brodsky & Smith, LLC is investigating the Board of Directors of Heritage Financial Group, Inc. ("Heritage" or the "Company") (Nasdaq –HBOS-News) for potential breaches of fiduciary duties in connection with the sale of the Company to Renasant Corp. ("Renasant") for approximately $258 million. The Company's stockholders will receive 0.9266 shares of Renasant for each share of Heritage common stock they own.
Click here to learn more about the investigation http://brodsky-smith.com/862-hbos-heritage-financial-group-inc.html, or call: 877-534-2590. There is no cost or obligation to you.
The investigation focuses on whether Heritages' 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 Heritage's shareholders.
If you own shares of Heritage common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by e-mail at [email protected], by visiting http://brodsky-smith.com/862-hbos-heritage-financial-group-inc.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-brodsky--smith-llc-announces-the-investigation-of-heritage-financial-group-inc-hbos-over-the-proposed-sale-of-the-company-to-renasant-corp-rnst-300010042.html
SOURCE Brodsky & Smith, LLC
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article