Franklin Financial Network, Inc.
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FRANKLIN FINANCIAL MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF FRANKLIN FINANCIAL NETWORK, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – FSB
January 22, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Franklin Financial Network, Inc. (NYSE: FSB) to FB Financial Corporation (“FB Financial”) for 0.9650 shares of FB Financial common stock and $2.00 in cash for each share of Franklin Financial is fair to Franklin Financial shareholders. On behalf of Franklin Financial shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Franklin Financial merger investigation concerns whether Franklin Financial 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 Franklin Financial shareholders; (2) determine whether FB Financial is underpaying for Franklin Financial; and (3) disclose all material information necessary for Franklin Financial 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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