SHAREHOLDER ALERT: Levi & Korsinsky Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Taylor Capital Group Inc. in Connection with the Sale of the Company to MB Financial Inc.
Levi & Korsinsky is investigating the Board of Directors of Taylor
Capital Group, Inc. (“Taylor” or the “Company”) (Nasdaq: TAYC) for
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to MB Financial Inc. (Nasdaq:
Click here to learn more about the investigation http://zlk.9nl.com/taylor-capital-group-tayc/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Taylor shareholders will receive
0.64318 shares of MB Financial Inc. and $4.08 in cash for each share of
Taylor stock they own, representing a value of approximately $22.00 per
share. The transaction has a total approximate value of $680 million in
cash and stock. The investigation concerns whether the Taylor Board of
Directors breached their fiduciary duties to stockholders by acting in
its best interest, rather than that of shareholders, whether the Board
failed to adequately shop the Company before agreeing to enter into the
transaction, and whether MB Financial Inc. is underpaying for Taylor,
thus unlawfully harming Taylor shareholders. Following the merger,
members of Taylor’s Board will join the MB Financial Inc. Board.
If you own common stock in Taylor and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at [email protected]
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/taylor-capital-group-tayc/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
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