NEW YORK, July 23, 2014 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Franklin Financial Corporation (Nasdaq: FRNK) ("Franklin Financial") in connection with the sale of the Company to TowneBank (NasdaqGS: TOWN).
Click here to learn about the case: http://docs.wongesq.com/FRNK-Info-Request-Form-303 . There is no cost or obligation to you.
Under the terms of the transaction, Franklin Financial shareholders will receive 1.40 shares of TowneBank stock for each share of Franklin they own. The investigation concerns whether the Franklin Financial Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether TowneBank is underpaying for Franklin Financial shares.
If you own common stock in Franklin Financial and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/FRNK-Info-Request-Form-303 .Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Vincent Wong, Esq.39 East BroadwaySuite 304 New York, NY 10002Tel. 212.425.1140Fax. 866.699.3880E-Mail: firstname.lastname@example.org SOURCE The Law Offices of Vincent Wong