INVESTOR ALERT – OMNIAMERICAN BANCORP: The Law Offices of Vincent Wong Investigates the Sale of OmniAmerican Bancorp

The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of OmniAmerican Bancorp (Nasdaq: OABC) (“OmniAmerican”) in connection with the sale of the Company to Southside Bancshares, Inc. (“Southside”) (Nasdaq: SBSI).

Click here to learn about the case: http://docs.wongesq.com/OABC-Info-Request-Form-218. There is no cost or obligation to you.

Under the terms of the transaction, shareholders will receive 0.4459 shares of Southside common stock plus $13.125 in cash for each outstanding share of OmniAmerican common stock. Based on Southside's closing stock price of $30.46 on April 28, 2014, the per share value of consideration to OmniAmerican shareholders would be $26.71. The transaction is currently valued at approximately $307 million. The investigation concerns whether the OmniAmerican 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 Southside is underpaying for OmniAmerican shares.

If you own common stock in OmniAmerican 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://docs.wongesq.com/OABC-Info-Request-Form-218.

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.

The Law Offices of Vincent WongVincent Wong, Esq., 212-425-1140Fax. 866-699-3880vw@wongesq.com

(MM) (NASDAQ:OABC)
Historical Stock Chart
From Feb 2025 to Mar 2025