Texas Capital Bancshares, Inc.
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TEXAS CAPITAL MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF TEXAS CAPITAL BANCSHARES, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – TCBI
December 9, 2019.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) to Independent Bank Group, Inc. (“Independent Bank”) is fair to Texas Capital shareholders. On behalf of Texas Capital shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Under the terms of the merger agreement, Texas Capital shareholders will receive 1.0311 shares of Independent Bank for each Texas Capital share they own.
The Texas Capital merger investigation concerns whether Texas Capital 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 Texas Capital shareholders; (2) determine whether Independent Bank is underpaying for Texas Capital; and (3) disclose all material information necessary for Texas Capital 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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