NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of CrossFirst Bankshares, Inc. (NASDAQ: CFB) to First Busey Corporation for 0.6675 shares of Busey common stock for each share of CrossFirst common stock is fair to CrossFirst shareholders. Upon completion of the proposed transaction, CrossFirst’s shareholders will own approximately 36.5% of the combined company.
Halper Sadeh encourages CrossFirst shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether CrossFirst and its board of directors 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 CrossFirst shareholders; (2) determine whether Busey is underpaying for CrossFirst; and (3) disclose all material information necessary for CrossFirst shareholders to adequately assess and value the merger consideration.
On behalf of CrossFirst shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
Halper Sadeh LLC 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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