INVESTOR ALERT - VANTAGESOUTH BANCSHARES, INC.: The Law Offices of Vincent Wong Investigates the Sale of VANTAGESOUTH BANCSHARES, INC. to Yadkin Financial Corporation -- VSB - WCAX.COM Local Vermont News, Weather and Sports-
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SOURCE The Law Offices of Vincent Wong
NEW YORK, Feb. 5, 2014 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of VantageSouth Bancshares, Inc. (NYSE MKT: VSB) ("VantageSouth") in connection with the sale of the Company to Yadkin Financial Corporation (NasdaqGS: YDKN).
Under the terms of the transaction, VantageSouth shareholders will receive 0.3125 shares of Yadkin stock for each share of VantageSouth stock they own. The investigation concerns whether the VantageSouth Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company to obtain the best possible value for VantageSouth shareholders.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: firstname.lastname@example.org