|[March 06, 2014]
Bank of Commerce Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to HomeTrust Bancshares
DALLAS --(Business Wire)--
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 Bank of Commerce ("Bank of Commerce") (Other OTC: BONC)
related to the sale to HomeTrust Bancshares, Inc. Under the terms of the
transaction, Bank of Commerce shareholders will receive just $6.25 in
cash for each share owned.
The Bank of Commerce investigation centers on whether Bank of Commerce's
Board of Directors is acting in the shareholders' best interests,
whether the board is properly considering the proposed price for the
shareholders, and whether the board has employed an adequate process to
review and act on the proposed transaction.
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.
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.
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