We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Avenue Financial Holdings, Inc. | NASDAQ:AVNU | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 19.65 | 18.10 | 21.30 | 0 | 01:00:00 |
Rigrodsky & Long, P.A.:
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Avenue Financial Holdings, Inc. (“Avenue Financial” or the “Company”) (NASDAQ GS: AVNU) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Pinnacle Financial Partners, Inc. (“Pinnacle Financial”) (NASDAQ GS: PNFP).
Click here to learn more: http://rigrodskylong.com/investigations/avenue-financial-holdings-inc-avnu-buyout.
Under the terms of the agreement, shareholders of Avenue Financial will receive 0.36 shares of Pinnacle Financial and $2.00 in cash for each share of Avenue Financial they own. Based on Pinnacle Financial’s closing stock price on January 28, 2016, Avenue Financial shareholders would have received compensation valued at approximately $19.65 per share.
The investigation concerns whether Avenue Financial’s board of directors failed to adequately shop the Company and obtain the best possible value for Avenue Financial’s shareholders before entering into an agreement with Pinnacle Financial. According to Yahoo! Finance, at least one analyst has issued a price target for Avenue Financial stock at $22.00 per share.
If you own the common stock of Avenue Financial and purchased your shares before January 29, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/avenue-financial-holdings-inc-avnu-buyout.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160519006640/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M. Serra888-969-4242302-295-5310Fax: 302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
1 Year AVENUE FINANCIAL HOLDINGS, INC. Chart |
1 Month AVENUE FINANCIAL HOLDINGS, INC. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions