Faruqi & Faruqi, LLP is Investigating the OmniAmerican Bancorp (OABC) Board of Directors for Potential Breaches of Fiduciary ...
April 29 2014 - 12:03PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of OmniAmerican Bancorp
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City,
investigates a possible challenge of the Board of Directors of
OmniAmerican Bancorp (“OmniAmerican” or the “Company”) (OABC)
actions as they relate to their recommendation and agreement to
merge the Company into Southside Bancshares for approximately $307
million. The Company’s stockholders are offered to receive 0.4459
shares of Southside common stock and $13.125 in cash for each share
of LIN common stock they own.
Click here for more information:
www.faruqilaw.com/OABC. There is no cost or
obligation to you.
The investigation focuses on whether OmniAmerican’s 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 OmniAmerican’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
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If you own common stock in OmniAmerican and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/OABC or contact Juan E.
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2014 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
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