HERITAGE FINANCIAL GROUP, INC. SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Heritage Financial Grou...

NEW YORK, Jan. 6, 2015 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Heritage Financial Group, Inc. ("Heritage" or the "Company") (Nasdaq: HBOS) for potential breaches of fiduciary duties in connection with the sale of the Company to Renasant Corp. ("Renasant") (Nasdaq: RNST) for approximately $258 million.  The Company's stockholders will only receive 0.9266 shares of Renasant for each share of Heritage common stock they own.

Click here for more information: www.faruqilaw.com/HBOS. There is no cost or obligation to you.

The investigation focuses on whether Heritage's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Heritage's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation.  The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation.  The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in Heritage and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/HBOS or contact Juan E. Monteverde, Esq. either via e-mail at [e-mail] or by telephone at [phone] or [phone]. 

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
[e-mail]
Toll Free: [phone]
Phone:   [phone]

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SOURCE Faruqi & Faruqi, LLP

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