PULASKI SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Pulaski Financial Corp. (PULB) Over the Proposed Sale of the Company to First Busey Corporation

Dec 09, 2015, 17:11 ET from Faruqi & Faruqi, LLP

NEW YORK, Dec. 9, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Pulaski Financial Corp. ("Pulaski" or the "Company") (NasdaqGS: PULB) for potential breaches of fiduciary duties in connection with the sale of the Company to First Busey Corporation for approximately $211 million

The Company's stockholders will only receive 0.79 shares of common stock of First Busey for each share of Company common stock, or $17.24 per share. However, the offer provides virtually zero premium and Pulaski stock traded at $17.25, above the merger consideration, on December 2, 2015.

Click here for more information: www.faruqilaw.com/PULB.  There is no cost or obligation to you.

The investigation focuses on whether Company's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Company's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation.  The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation.  The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in Company and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/PULB or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

Contact:

Faruqi & Faruqi, LLP 685 3rd Avenue, 26th Floor New York, NY 10017 Attn: Juan Monteverde, Esq. jmonteverde@faruqilaw.com Toll Free: (877) 247-4292 Phone:    (212) 983-9330

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