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Encore Bancshares, Inc (NASDAQ:EBTX) Investor Files Lawsuit Against Directors Over Alleged Breaches Of Fiduciary Duties In Takeover

  • If you are a current investor in Encore Bancshares, Inc (NASDAQ:EBTX) shares and purchased your NASDAQ:EBTX shares prior to March 6, 2012, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

April 25, 2012 (Shareholders Foundation) -- An investor in NASDAQ:EBTX shares filed a lawsuit against directors of Encore Bancshares, Inc in effort to stop the proposed takeover of Encore Bancshares, Inc by Cadence Bancorp, LLC for $20.62 per NASDAQ:EBTX share. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:EBTX sto...



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