NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Guaranty Bancor (“Guaranty Bancor” or the “Company”) (NASDAQGS:GBNK) stock prior to May 22, 2018.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Guaranty Bancor to Independent Bank Group, Inc. (NASDAQGS: IBTX). Under the terms of the transaction, Guaranty Bancor shareholders will receive 0.45 shares of Independent Bank Group for each share of Guaranty Bancor stock they own. Based on the closing price of Independent Bank Group on May 21, 2018, this represents a value of approximately $35.37 per Guaranty Bancor share. To learn more about the action and your rights, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The investigation concerns whether the Board of Guaranty Bancor breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Independent Bank Group, Inc. is underpaying for Guaranty Bancor shares, thus unlawfully harming Guaranty Bancor shareholders.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.