NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of First BancTrust Corporation (OTC:FIRT) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to First Mid-Illinois Bancshares, Inc. (NASDAQ:FMBH). Under the terms of the deal, First BancTrust shareholders will receive $5.00 and 0.80 shares of First Mid-Illinois for each First BancTrust share they own.
The investigation concerns whether the First BancTrust Board of Directors breached their fiduciary duties to First BancTrust stockholders by failing to adequately shop the Company before entering into this transaction and whether First Mid-Illinois is underpaying for First BancTrust shares, thus unlawfully harming First BancTrust stockholders.
If you own common stock in First BancTrust and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or http://docs.wongesq.com/FIRT-Info-Request-Form-1804.
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 similar outcomes.