July 17, 2013
/PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Taylor Capital Group, Inc. ("
" 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: MBFI).
Click here to learn more about the investigation
, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction,
shareholders will receive 0.64318 shares of MB Financial Inc. and
in cash for each share of
stock they own, representing a value of approximately
per share. The transaction has a total approximate value of
in cash and stock. The investigation concerns whether the
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
, thus unlawfully harming
shareholders. Following the merger, members of
Board will join the MB Financial Inc. Board.
If you own common stock in
and wish to obtain additional information, please contact
Joseph E. Levi, Esq.
either via email at
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in
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 similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP