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CBTX MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF CBTX, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – CBTX
November 8, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of CBTX, Inc. (NASDAQ: CBTX) and Allegiance Bancshares, Inc. is fair to CBTX shareholders. Upon closing of the merger, CBTX shareholders will own approximately 46% of the combined company.
The investigation concerns whether CBTX and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for CBTX shareholders; and (2) disclose all material information necessary for CBTX shareholders to adequately assess and value the merger consideration. On behalf of CBTX shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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