CenterState Bank Corporation
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CENTERSTATE BANK MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF CENTERSTATE BANK CORPORATION IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – CSFL
January 27, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of CenterState Bank Corporation (NASDAQ: CSFL) to South State Corporation (“South State”) for 0.3001 shares of South State common stock for each share of CenterState common stock is fair to CenterState shareholders. On behalf of CenterState shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The CenterState merger investigation concerns whether CenterState and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for CenterState shareholders; (2) determine whether South State is underpaying for CenterState; and (3) disclose all material information necessary for CenterState shareholders to adequately assess and value the merger consideration.
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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