SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Seacoast Commerce Banc Holdings (SCBH)
October 01, 2020 at 11:31 AM EDT
NEW YORK, Oct. 1, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Seacoast Commerce Banc Holdings ("Seacoast" or the "Company") (SCBH) and its Board of Directors for potential securities laws violations and/or breaches of fiduciary duties related to the merger agreement with Enterprise Financial Services Corp. ("Enterprise") (EFSC). Under the terms of the merger agreement, the company will be acquired by Enterprise, and Seacoast stockholders will receive 0.5061 shares of Enterprise common stock for each share of Seacoast common stock owned.
Click here for more information: https://www.monteverdelaw.com/case/seacoast-commerce-banc-holdings. It is free and there is no cost or obligation to you.
The investigation focuses on whether Seacoast and/or its Board of Directors violated federal securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to properly value the Business Combination Agreement and 2) failing to disclose all material information in connection with the Business Combination Agreement.
About Monteverde & Associates PC
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2019 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.
If you own common stock in Seacoast Commerce Banc Holdings and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (212) 971-1341.
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