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IBCA (MM)

10.79
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
(MM) NASDAQ:IBCA 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% 10.79 0 01:00:00

INVESTOR ALERT - Intervest Bancshares Corp.: The Law Offices of Vincent Wong Investigates the Sale of Intervest Bancshares Co...

18/08/2014 10:14pm

PR Newswire (US)


Intervest Bancshares (NASDAQ:IBCA)
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From May 2019 to May 2024

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NEW YORK, Aug. 18, 2014 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Intervest Bancshares Corporation (NasdaqGS: IBCA) ("Intervest") in connection with the sale of the Company to Bank of the Ozarks, Inc. (NasdaqGS: OZRK).

Click here to learn about the case: http://docs.wongesq.com/IBCA-Info-Request-Form-364. There is no cost or obligation to you.

Under the terms of the transaction, Intervest shareholders will receive common shares of Bank of the Ozarks stock; the number of shares issued will be determined by the ten day average closing stock price as of the fifth business day prior to the closing date, with a minimum of $23.95 and a maximum of $39.91 per share. The investigation concerns whether the Board of Intervest breached their fiduciary duty to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Bank of the Ozarks is underpaying for Intermountain shares.

If you own common stock in Intervest and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/IBCA-Info-Request-Form-364.

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 Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE The Law Offices of Vincent Wong

Copyright 2014 PR Newswire

1 Year Intervest Bancshares Chart

1 Year Intervest Bancshares Chart

1 Month Intervest Bancshares Chart

1 Month Intervest Bancshares Chart