MidSouth Bancorp, Inc.
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MIDSOUTH (MSL) MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF MIDSOUTH BANCORP, INC. IS FAIR TO SHAREHOLDERS – MSL
May 1, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of MidSouth Bancorp, Inc. (“MidSouth” or the “Company”) (NYSE: MSL) to Hancock Whitney Corporation (“Hancock”) is fair to MidSouth shareholders.
The investigation concerns whether MidSouth and its Board of Directors violated the federal securities laws and/or their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for MidSouth shareholders; (2) determine whether Hancock is underpaying for MidSouth; and (3) disclose all material information necessary for MidSouth shareholders to adequately assess and value the merger consideration.
On behalf of MidSouth 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 represent 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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