NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is investigating the Board of Directors of The Bank of Kentucky Financial Corp. (“Bank of Kentucky” or the “Company”) (NASDAQ:BKYF) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to BB&T Corporation (NYSE:BBT).
Click here to learn more about the investigation: http://zlk.9nl.com/bank-of-kentucky-bkyf, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Bank of Kentucky stockholders will receive 1.0126 shares of BB&T and $9.40 in cash for each Bank of Kentucky share they own. This represents a value of approximately $47.45 per share, based on BB&T’s closing price on September 5, 2014. The investigation concerns whether the Board of Bank of Kentucky breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether BB&T Corporation is underpaying for Bank of Kentucky shares.
If you own Bank of Kentucky common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/bank-of-kentucky-bkyf.
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.