HERITAGE FINANCIAL GROUP, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe & Powers Taylor LLP Investigate Sale to ...

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Heritage Financial Group, Inc. (“Heritage”) (NasdaqGS: HBOS) concerning the sale to Renasant Corporation (NasdaqGS: RNST). Under the terms of the agreement, Heritage shareholders will receive 0.9266 shares of RNST for each share owned. Based on the 20-day average closing price of RNST, the consideration is valued at approximately $27.00 per share, which is only a 12% premium over the closing price of HBOS just before the deal was announced. The consideration is also significantly less than the 52-week high of HBOS and Heritage closed as high as $30.52 as recently as November 12, 2014.

If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC, [phone], or via email at [e-mail], or Patrick Powers at Powers Taylor LLP, toll free [phone], via e-mail at [e-mail]. There is no cost or fee to you.

The investigation centers on whether Heritage’s Board of Directors is acting in the shareholders’ best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLCWillie Briscoe, [e-mail] Taylor LLPPatrick Powers, [e-mail]