INVESTOR ALERT – OMNIAMERICAN BANCORP: The Law Offices of Vincent Wong
Investigates the Sale of OmniAmerican Bancorp
NEW YORK -- May 9, 2014
The Law Offices of Vincent Wong are investigating potential claims against the
Board of Directors of OmniAmerican Bancorp (Nasdaq: OABC) (“OmniAmerican”) in
connection with the sale of the Company to Southside Bancshares, Inc.
(“Southside”) (Nasdaq: SBSI).
Click here to learn about the case:
http://docs.wongesq.com/OABC-Info-Request-Form-218. There is no cost or
obligation to you.
Under the terms of the transaction, shareholders will receive 0.4459 shares of
Southside common stock plus $13.125 in cash for each outstanding share of
OmniAmerican common stock. Based on Southside's closing stock price of $30.46
on April 28, 2014, the per share value of consideration to OmniAmerican
shareholders would be $26.71. The transaction is currently valued at
approximately $307 million. The investigation concerns whether the
OmniAmerican Board of directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before agreeing to
enter into this transaction, and whether Southside is underpaying for
If you own common stock in OmniAmerican and wish to obtain additional
information, please contact Vincent Wong, Esq. either via email
email@example.com, by telephone at 212.425.1140, or visit
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
The Law Offices of Vincent Wong
Vincent Wong, Esq., 212-425-1140
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