SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of FCB Financial Holdings, Inc. Merger
WILMINGTON, Del.--(BUSINESS WIRE)--Sep 17, 2018--Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of FCB Financial Holdings, Inc. (“FCB” or the “Company”) (NYSE: FCB ) related to the Company’s entry into an agreement to merge with Synovus Financial Corp. (“Synovus”) (NYSE: SNV ) in a transaction announced on July 24, 2018.
On July 23, 2018, the Board caused FCB to enter into an agreement and plan of merger (the “Merger Agreement”) with Synovus. Pursuant to the terms of the Merger Agreement, shareholders of FCB will receive 1.055 shares of Synovus common stock for each share of FCB common stock.
On September 14, 2018, Synovus filed a Form S-4 Registration Statement (“Registration Statement”) with the United States Securities and Exchange Commission (“SEC”) in connection with the Proposed Transaction, which recommends that FCB’s shareholders vote in favor of the Proposed Transaction. Rigrodsky & Long, P.A. is investigating possible violations of law related to the Registration Statement, including whether the Registration Statement omits material information with respect to the Proposed Transaction.
If you own common stock of FCB and purchased any shares before July 24, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at firstname.lastname@example.org.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware, Garden City, New York, and San Francisco, California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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CONTACT: Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
KEYWORD: UNITED STATES NORTH AMERICA DELAWARE NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Rigrodsky & Long, P.A.
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PUB: 09/17/2018 07:06 PM/DISC: 09/17/2018 07:06 PM