WILMINGTON, Del., Oct. 30, 2014 /PRNewswire/ -- Rigrodsky & Long, P.A.:
- Do you own shares of Integrity Bancshares, Inc. (OTC QB: ITBC)?
- Did you purchase any of your shares prior to October 30, 2014?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Integrity Bancshares, Inc. ("Integrity" or the "Company") (OTC QB: ITBC) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by S&T Bancorp, Inc. ("S&T") (NASDAQ GS: STBA), in a transaction valued at approximately $155 million.
Click here to learn more: http://www.rigrodskylong.com/investigations/integrity-bancshares-inc-itbc.
Under the terms of the agreement, shareholders of Integrity will have the opportunity to elect to receive $52.50 per share in cash or 2.0627 shares of S&T common stock for each share of Integrity they own.
The investigation concerns whether Integrity's board of directors failed to adequately shop the Company and obtain the best possible value for Integrity's shareholders before entering into an agreement with S&T.
If you own the common stock of Integrity and purchased your shares before October 30, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://www.rigrodskylong.com/investigations/integrity-bancshares-inc-itbc.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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.