Origin Bancorp, Inc.
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OBNK STOCK INVESTIGATION: HALPER SADEH LLP IS INVESTIGATING WHETHER THE MERGER OF ORIGIN BANCORP, INC. IS FAIR TO SHAREHOLDERS
February 24, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of Origin Bancorp, Inc. (NASDAQ: OBNK) and BT Holdings, Inc. (BTH) is fair to Origin shareholders. Under the terms of the agreement, BTH shareholders will receive an aggregate of 6,828,390 shares of Origin’s common stock in exchange for all outstanding shares of BTH common stock, subject to certain adjustments.
The investigation concerns whether Origin 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 Origin shareholders; and (2) disclose all material information necessary for Origin shareholders to adequately assess and value the merger consideration. On behalf of Origin 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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