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Franklin Financial Corp (NASDAQ:FRNK) Investor Files Lawsuit Over Alleged Wrongdoing In Takeover By TowneBank

  • If you purchased shares of Franklin Financial Corp (NASDAQ:FRNK) and currently hold any of those NASDAQ:FRNK shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

October 07, 2014 (Shareholders Foundation) - An investor, who currently holds shares of Franklin Financial Corp (NASDAQ:FRNK), filed a lawsuit in effort to halt the proposed takeover of Franklin Financial Corp by TowneBank for a value of approximately $23.04 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:FRNK stockholders by agreei...



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