TCF Financial Corporation
Attention investors who purchased shares of TCF Financial Corporation before January 28, 2019:
Rigrodsky & Long is investigating potential claims against the board of directors of TCF Financial Corporation concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by Chemical Financial Corporation.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of TCF Financial Corporation (“TCF” or the “Company”) (NYSE: TCF) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to merge with Chemical Financial Corporation (“Chemical”) (NASDAQ GS: CHFC). Under the terms of the agreement, shareholders of TCF will receive 0.5081 shares of Chemical common stock for each share of TCF common stock. Upon completion of the deal, TCF and Chemical shareholders will own 54% and 46% of the combined company, respectively, on a fully diluted basis.
If you own common stock of TCF and purchased any shares before January 28, 2019, 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 firstname.lastname@example.org, 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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