NEW YORK, Dec.1, 2016 /PRNewswire/ -- Lifshitz & Miller, a securities class action law firm focused on representing shareholders
nationwide, announces that on November 9, 2016, Lifshitz & Miller filed a securities class action lawsuit on behalf of shareholders of The First
Bancshares, Inc. (FBMS) ("First Bancshares" or the "Company") for possible corporate misconduct and violations of federal
securities laws in the U.S. District Court for the Southern District of Mississippi, Case No.
2:16-cv-194-KS-MTP.
A copy of the complaint is available from the Court or from Lifshitz & Miller. If you are a First Bancshares investor, and would like additional information about
our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516) 493-9780 or e-mail at info@jlclasslaw.com.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
The lawsuit alleges that First Bancshares and members of the Company's board of directors violated Sections 14(a) and 20(a) of
the Securities Exchange Act of 1934 and Rule 14a-9 promulgated by the U.S. Securities and Exchange Commission by issuing
materially incomplete and misleading information in documents related to the Company's October 12,
2016 private placement (the "Private Placement") of mandatorily convertible non-cumulative, non-voting, perpetual
Series E Preferred Stock with certain Company insiders, among others. The lawsuit is brought on behalf of all
shareholders of First Bancshares who owned shares of the Company prior to October 12, 2016
announcement of the Private Placement.
Lead plaintiff deadline is January 30, 2017.
Lifshitz & Miller has extensive experience
representing investors in the prosecution of securities class actions and shareholder derivative litigation in state and federal
courts across the country.
ATTORNEY ADVERTISING. © 2016 Lifshitz & Miller. The law
firm responsible for this advertisement is Lifshitz & Miller, 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516)493-9780. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz & Miller
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: info@jlclasslaw.com
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SOURCE Lifshitz & Miller Law Firm