NEW YORK--(BUSINESS WIRE)--
Levi & Korsinsky is investigating the Board of Directors of Siuslaw Financial Group, Inc. (“Siuslaw” or “the Company”) (SFGP) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Banner Corporation (“Banner”) (BANR).
Click here to learn more about the investigation: http://zlk.9nl.com/siuslaw-financial-sfgp, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Siuslaw shareholders will receive $1.41622 in cash plus 0.32231 of a share of Banner common stock for each Siuslaw share they own; this represents a value of approximately $14.03 per share, based on Banner’s closing price on August 7, 2014. The investigation concerns whether the Board of Siuslaw breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Banner is underpaying for Siuslaw shares.
If you own Siuslaw common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/siuslaw-financial-sfgp.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
- Company Legal & Law Matters
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Toll Free: 877-363-5972