JACKSONVILLE BANCORP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy...

NEW ORLEANS, Oct. 3, 2015 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Jacksonville Bancorp, Inc. ("Jacksonville Bancorp" or the "Company") (NASDAQ CM: JAXB) to Ameris Bancorp (NASDAQ GS: ABCB). Under the terms of the proposed transaction, shareholders of Jacksonville Bancorp will receive either 0.5861 shares of Ameris common stock or $16.50 in cash for each share of Jacksonville Bancorp common stock that they own, subject to proration. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([e-mail]) toll free at any time at 855-768-1857.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jacksonville-bancorp-investor-alert-by-the-former-attorney-general-of-louisiana-kahn-swick--foti-llc-investigates-adequacy-of-price-and-process-in-proposed-sale-of-jacksonville-bancorp-inc-300153778.html

SOURCE Kahn Swick & Foti, LLC

Copyright 2015 PR Newswire