Press Releases
The Law Firm Of Levi & Korsinsky, LLP Announces Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of Heartland Bancshares, Inc. In Connection With The Sale Of The Company To Horizon Bancorp
Stock quotes in this article:HRTB
Levi & Korsinsky is investigating the Board of Directors of Heartland Bancshares, Inc. (“Heartland” or the “Company”) (OTCBB: HRTB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Horizon Bancorp (Nasdaq: HBNC). Under the terms of the transaction, Heartland shareholders will receive 0.54 shares of Horizon stock for each share of Heartland common stock they own. This represents a value of approximately $9.72 per share.
Click here to learn more about the investigation: http://www.zlk.com/heartland-bancshares-hrtb, or call: 877-363-5972. There is no cost or obligation to you. The investigation concerns whether the Heartland Board of Directors breached their fiduciary duties to Heartland stockholders by failing to adequately shop the Company before entering into this transaction and whether Horizon Bancorp is underpaying for Heartland shares, thus unlawfully harming Heartland stockholders. If you own common stock in Heartland and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com. Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. 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 litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.TheStreet Premium Services
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