DALLAS, Jan. 17, 2014 /PRNewswire/ -- Securities lawyers at Deans & Lyons announce an investigation of the board of Teche Holding Company (NYSE MKT: TSH) in connection with a buyout for 1.162 shares of IBERIABANK Corporation shares, which is approximately $72.16 per share. Concerned TSH investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or email@example.com about their rights and remedies.
"Since the newly established merger agreement with IBKC has a termination fee of up to $5,000,000 for IBKC and $4,000,000 for Teche, this potential investigation is concerned with whether board members properly shopped the company prior to entering into the agreement," said securities lawyer Hamilton Lindley. "Our potential shareholder lawsuit will seek to ensure that all relevant information is disclosed and that the Teche Holding Company shareholders receive the highest price reasonably available for their stock."
Deans & Lyons has significant experience representing shareholders in securities lawsuits nationwide. TSH stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at firstname.lastname@example.org or 877-819-8033 with questions or concerns.
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SOURCE Deans & Lyons LLP