Business & Finance
Business and Finance
Business and Finance
Wed, January 11, 2012
Bull & Lifshitz, LLP Announces Investigation of Peoples Bancorporation, Inc.
Bull & Lifshitz, LLP Announces Investigation of Peoples Bancorporation, Inc. -- NEW YORK, Jan. 11, 2012 /PRNewswire/ --
Bull & Lifshitz, LLP Announces Investigation of Peoples Bancorporation, Inc.
NEW YORK, Jan. 11, 2012 /PRNewswire/ -- [ Bull & Lifshitz, LLP ] announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Peoples Bancorporation, Inc. (OTCBB: PBCE) (referred to as "Peoples Bancorporation" or the "Company") to SCBT Financial Corporation ("SCBT"), in a stock and cash transaction valued at approximately $28.4 million.
Under the terms of the agreement, Peoples Bancorporation shareholders will receive 0.1413 shares of SCBT common stock per share of Peoples Bancorporation common stock, subject to certain adjustments.
Bull & Lifshitz, LLP's investigation is focused on whether the proposed deal provides adequate value to the Company's shareholders.
If you are a holder of Peoples Bancorporation common stock and want to discuss your legal rights, you may [ e-mail ] or call [ Bull & Lifshitz, LLP ] who will, without obligation or cost to you, attempt to answer your questions.
If you are a shareholder of Peoples Bancorporation and would like more information about our investigation, please contact [ Peter D. Bull, Esq. ] by telephone at (866) 313-6222 or by sending an e-mail including your contact information to: [ counsel@nyclasslaw.com ]. All e-mail correspondence should make reference to Peoples Bancorporation.
[ Bull & Lifshitz, LLP ] is a New York City-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at [ www.nyclasslaw.com ].
ATTORNEY ADVERTISING. © 2012 Bull & Lifshitz, LLP. The law firm responsible for this advertisement is Bull & Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Peter D. Bull, Esq.
Bull & Lifshitz, LLP
Phone: 212-213-6222
Fax: 212-213-9405
Email: [ counsel@nyclasslaw.com ]
SOURCE Bull & Lifshitz, LLP
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