SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Talmer Bancorp, Inc.
January 29 2016 - 9:05PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Talmer Bancorp, Inc. (“Talmer” or “the Company”) (Nasdaq: TLMR) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Chemical
Financial Corp. (“Chemical Financial”).
Click here to learn more about the investigation
http://brodsky-smith.com/1028-tlmr-talmar-bancorp-inc.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Talmer shareholders will
receive only $15.64 in cash for each share of Talmer stock they
own. The investigation concerns whether the Board of Talmer
breached their fiduciary duties to shareholders and whether
Chemical Financial is underpaying for the Company. The transaction
may undervalue the Company and would result in a loss for many
Talmer shareholders. For example, Talmer stock traded at $18.48 per
share as recently as December 29, 2015 and an analyst has set a
$21.00 per share price target for Talmer stock.
If you own shares of Talmer and wish to discuss the legal
ramifications of the investigation, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
510, Bala Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/1028-tlmr-talmar-bancorp-inc.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20160129005944/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/1028-tlmr-talmar-bancorp-inc.html
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