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TMCNet:  INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Intervest Bancshares Corp. and Its Board of Directors In Connection With the Sale of the Company to Bank of the Ozarks, Inc. -- IBCA

[August 14, 2014]

INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Intervest Bancshares Corp. and Its Board of Directors In Connection With the Sale of the Company to Bank of the Ozarks, Inc. -- IBCA

NEW YORK --(Business Wire)--

Levi & Korsinsky is investigating the Board of Directors of Intervest Bancshares Corporation ("Intervest" or "the Company") (NasdaqGS:IBCA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Bank of the Ozarks, Inc. (NasdaqGS:OZRK).

Click here to learn more about the investigation: http://zlk.9nl.com/intervest-bancshares-ibca, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the agreement, Intervest shareholders will reeive 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 and maximum price of $23.95 and $39.91. The investigation concerns whether the Board of Intervest breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Bank of the Ozarks, Inc. is underpaying for Intervest shares.


If you own Intervest common stock 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 visit http://zlk.9nl.com/intervest-bancshares-ibca.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


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