The Rosen Law Firm, P.A., a global investor rights firm, announces that
it is investigating the Board of Directors of Community Financial
Shares, Inc. (OTC:CFIS) for possible breaches of fiduciary duty and
other violations of law by failing to adequately shop Community
Financial Shares to maximize shareholder value before agreeing to be
acquired by Wintrust Financial Corporation (NASDAQ: WTFC).
If you would like to join the action, go to http://rosenlegal.com/cases-529.html
or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via
e-mail at pkim@rosenlegal.com
or kchan@rosenlegal.com. There
is no cost or obligation to you.
Under the terms of the proposed transaction, the total merger
consideration is approximately $42.375 million and shareholders will
receive a combination of approximately 50% cash and 50% shares of
Wintrust common stock for each share of Community Financial Shares they
own. The investigation relates to whether the proposal is fair to the
public shareholders of Community Financial Shares and whether Community
Financial Shares’ Board breached its fiduciary duties in connection with
the proposed sale.
If you currently own shares of Community Financial Shares and wish to
obtain additional information, please visit the website at http://rosenlegal.com/cases-529.html.
You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm
toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com
or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Copyright Business Wire 2015