CenterState Bank Corporation
(NASDAQ GS: CSFL)
Attention investors who purchased shares of CenterState Bank Corporation before January 27, 2020:
Rigrodsky & Long is investigating potential claims against the board of directors of CenterState Bank Corporation concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by South State Corporation.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of CenterState Bank Corporation (“CenterState” or the “Company”) (NASDAQ GS: CSFL) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by South State Corporation (“South State”) (NASDAQ GS: SSB). Under the terms of the agreement, shareholders of CenterState will receive 0.3001 shares of South State common stock for each share of CenterState common stock they own. CenterState shareholders will own approximately 53% and South State shareholders will own approximately 47% of the combined company.
If you own common stock of CenterState and purchased any shares before January 27, 2020, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at email@example.com, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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