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VIST VISTERRA, INC.

12.16
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
VISTERRA, INC. NASDAQ:VIST 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% 12.16 0 01:00:00

The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of VIST F...

26/01/2012 5:45pm

Business Wire


VISTERRA, INC. (NASDAQ:VIST)
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Levi & Korsinsky is investigating the Board of Directors of VIST Financial Corp. (“VIST ” or the “Company”) (Nasdaq: VIST) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Tompkins Financial (AMEX: TMP). Under the terms of the agreement, VIST shareholders will receive 0.3127 shares of Tompkins Financial common stock for each share of VIST common stock they own. Based on a 20-day average of closing prices for Tompkins Financial stock, this represents a value of $12.50 per VIST common share. The transaction has a total approximate value of $86 million.

Click here to learn how to join the action: http://www.zlk.com/vist-financial-corp-vist, or call: 877-363-5972.

The investigation concerns whether the VIST Board of Directors breached their fiduciary duties to VIST stockholders by failing to adequately shop the Company before entering into this transaction and whether Tompkins Financial is underpaying for VIST shares, thus unlawfully harming VIST stockholders. In particular, VIST has reported a book value of $17.80 per share for the most recent quarter.

If you own common stock in VIST and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://www.zlk.com.

Levi & Korsinsky has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

1 Year VISTERRA, INC. Chart

1 Year VISTERRA, INC. Chart

1 Month VISTERRA, INC. Chart

1 Month VISTERRA, INC. Chart