NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, P.A., a global investor rights firm, announces that it is investigating the Board of Directors of Community Financial Shares, Inc. (OTC:CFIS) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Community Financial Shares to maximize shareholder value before agreeing to be acquired by Wintrust Financial Corporation (NASDAQ: WTFC).
If you would like to join the action, go to http://rosenlegal.com/cases-529.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com. There is no cost or obligation to you.
Under the terms of the proposed transaction, the total merger consideration is approximately $42.375 million and shareholders will receive a combination of approximately 50% cash and 50% shares of Wintrust common stock for each share of Community Financial Shares they own. The investigation relates to whether the proposal is fair to the public shareholders of Community Financial Shares and whether Community Financial Shares’ Board breached its fiduciary duties in connection with the proposed sale.
If you currently own shares of Community Financial Shares and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-529.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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