Farmers Capital Bank Corporation (NASDAQ: FFKT) Investor Investigation Over Possible Wrongdoing In Acquisition Announced

Investors who purchased shares of Farmers Capital Bank Corporation (NASDAQ: FFKT) and currently hold any of those NASDAQ: FFKT shares have certain options and should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
Farmers Capital Bank
Affected Securities: 
NASDAQ: FFKT

An investigation on behalf of investors, who currently hold shares of Farmers Capital Bank Corporation (NASDAQ: FFKT), was announced concerning whether the takeover of Farmers Capital Bank Corporation is unfair to NASDAQ: FFKT stockholders.

The investigation by a law firm concerns whether certain officers and directors of Farmers Capital Bank Corporation (NASDAQ: FFKT breached their fiduciary duties owed to Farmers Capital Bank Corporation (NASDAQ: FFKT investors in connection with the proposed acquisition.

Frankfort, KY based Farmers Capital Bank Corporation operates as the bank holding company for United Bank & Capital Trust Company that provides banking and bank-related services to individual, business, agriculture, government, and educational customers.
On April 19, 2018, WesBanco, Inc. (NASDAQ: WSBC) and Farmers Capital Bank Corporation (NASDAQ: FFKT) announced that they have executed an Agreement and Plan of Merger providing for the merger of Farmers Capital Bank Corporation with and into WesBanco, Inc. Under the terms of the Agreement and Plan of Merger, WesBanco, Inc will exchange a combination of its common stock and cash for Farmers Capital Bank Corporation common stock. Farmers Capital Bank Corporation shareholders will be entitled to receive 1.053 shares of WesBanco, Inc common stock and cash in amount of $5.00 per share for each share of Farmers Capital Bank Corporation common stock for a total value of approximately $378.2 million in aggregate based on WesBanco, Inc's market close price of $43.03 on April 18, 2018.

However, the investigation concerns whether the offer is unfair to Farmers Capital Bank Corporation (NASDAQ: FFKT stockholders. More specifically, the investigation concerns whether the Farmers Capital Bank Corporation (NASDAQ: FFKT Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Shares of Farmers Capital Bank Corporation (NASDAQ: FFKT) closed on April 24, 2018 at $50.15 per share.