NEW YORK, Sept. 10, 2017
/PRNewswire/ -- Juan Monteverde, founder and managing partner
at Monteverde & Associates PC, a boutique securities firm
headquartered at the Empire State Building in New York City, is investigating Xenith
Bankshares, Inc. ("Xenith" or the "Company") (NASDAQ: XBKS)
relating to the sale of the Company to affiliates of Union
Bankshares Corporation. As a result of the merger, Xenith
shareholders are only anticipated to receive 0.9354 shares of Union
Bankshares Corporation common stock in exchange for each share of
Xenith.
Click here for more information:
http://monteverdelaw.com/investigations/m-a/. It is free
and there is no cost or obligation to you.
The investigation focuses on whether Xenith and its Board of
Directors violated securities laws and/or breached their fiduciary
duties to the Company's by 1) failing to conduct a fair process and
2) whether and by how much this proposed transaction undervalues
the Company.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
If you own common stock in Xenith and wish to obtain additional
information and protect your investments free of charge, please
visit our website or contact Juan E.
Monteverde, Esq. either via e-mail at
jmonteverde@monteverdelaw.com or by telephone at (212)
971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates
PC. The law firm responsible for this advertisement is
Monteverde & Associates PC (www.monteverdelaw.com). Prior
results do not guarantee a similar outcome with respect to any
future matter.
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SOURCE Monteverde & Associates PC