Levi & Korsinsky is investigating the Board of Directors of Firstbank
Corporation (NasdaqGS: FBMI) (“Firstbank” or “the Company”) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Mercantile Bank Corp.
(NasdaqGS: MBWM).
Click here to learn more about the investigation http://zlk.9nl.com/firstbank-fbmi/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Firstbank shareholders will receive
one share of Mercantile common stock for each share of Firstbank common
stock they own. This represents a value of approximately $18.77 per
share. Upon completion of the merger, Firstbank shareholders will own
48% of the post-merger company. The investigation concerns whether the
Firstbank Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before agreeing
to enter into the transaction, and whether Mercantile Bank Corporation
is underpaying for Firstbank, thus unlawfully harming Firstbank
shareholders.
If you own Firstbank common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/firstbank-fbmi/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Copyright Business Wire 2013