JEFFERSON BANCSHARES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

Business Wire

WILMINGTON, Del.--(BUSINESS WIRE)--

Rigrodsky & Long, P.A.:

  • Do you own shares of Jefferson Bancshares, Inc. (NASDAQ GM: JFBI)?
  • Did you purchase any of your shares prior to January 23, 2014?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Jefferson Bancshares, Inc. (“Jefferson” or the “Company”) (NASDAQ GM: JFBI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by HomeTrust Bancshares, Inc. (“HomeTrust”) (NASDAQ GS: HTBI) in a transaction valued at approximately $51.2 million.

Click here to learn more: http://www.rigrodskylong.com/investigations/jefferson-bancshares-inc-jfbi.

Under the terms of the agreement, public shareholders of Jefferson will receive $4.00 in cash and $4.00 in HomeTrust common stock for each share of Jefferson they own.

The investigation concerns whether Jefferson’s board of directors failed to adequately shop the Company and obtain the best possible value for Jefferson’s shareholders before entering into an agreement with HomeTrust.

If you own the common stock of Jefferson and purchased your shares before January 23, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://www.rigrodskylong.com/investigations/jefferson-bancshares-inc-jfbi.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
888-969-4242
302-295-5310
516-683-3516
Fax: 302-654-7530
info@rl-legal.com
http://www.rigrodskylong.com

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