SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Cadence Bancorporation (NYSE:CADE)

BALA CYNWYD, PA / ACCESSWIRE / April 13, 2021 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Cadence Bancorporation ("Cadence" or the "Company") (NYSE:CADE) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by BancorpSouth Bank (BXS). Under the terms of the agreement, Cadence stockholders will receive 0.70 shares of BancorpSouth common stock and a dividend of $1.25 for each share of Cadence stock that they hold.

The investigation concerns whether the Cadence Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether BancorpSouth Bank is paying too little for the Company.

If you own shares of Cadence stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/?post_type=cases&p=13874&preview=true, or call toll free 855-576-4847.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, LLC