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TEXAS CAPITAL BANCSHARES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger

WILMINGTON, DE / ACCESSWIRE / December 9, 2019 / Rigrodsky & Long, P.A.:

  • Do you own shares of Texas Capital Bancshares, Inc. (NASDAQ GS:TCBI)? 
  • Did you purchase any of your shares prior to December 9, 2019?
  • Do you think the proposed merger is fair?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors Texas Capital Bancshares, Inc. ("Texas Capital" or the "Company") (NASDAQ GS: TCBI) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Independent Bank Group, Inc. ("Independent Bank") (NASDAQ GS: IBTX). Under the terms of the agreement, shareholders of Texas Capital will receive 1.0311 shares of Independent Bank for each share of Texas Capital they own. Upon completion of the transaction, shareholders of Texas Capital will own approximately 55% of the combined company and Independent Bank shareholders will own approximately 45%.

If you own common stock of Texas Capital and purchased any shares before December 9, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT: 

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com 
http://www.rigrodskylong.com

SOURCE: Rigrodsky & Long, P.A.



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https://www.accesswire.com/569559/TEXAS-CAPITAL-BANCSHARES-INC-SHAREHOLDER-ALERT-Rigrodsky-Long-PA-Announces-Investigation-Of-Merger

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