Rowley Law PLLC is investigating potential claims against Atlantic Coast Financial Corporation (NASDAQ: ACFC) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Ameris Bancorp. Atlantic Coast shareholders will receive $1.39 in cash and 0.17 shares of Ameris Bancorp common stock for each share of Atlantic Coast they hold. The transaction is valued at approximately $145 million and is expected to close in the second quarter of 2018.
If you are an Atlantic Coast Financial Corporation shareholder and are interested in obtaining additional information regarding this investigation, please fill in the contact form on this page. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation.
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