NEW YORK, Aug. 18, 2014 /PRNewswire/ -- The Law Offices of
Vincent Wong are investigating
potential claims against the Board of Directors of Intervest
Bancshares Corporation (NasdaqGS: IBCA) ("Intervest") in connection
with the sale of the Company to Bank of the Ozarks, Inc. (NasdaqGS:
OZRK).
Click here to learn about the case:
http://docs.wongesq.com/IBCA-Info-Request-Form-364. There is
no cost or obligation to you.
Under the terms of the transaction, Intervest shareholders will
receive common shares of Bank of the Ozarks stock; the number of
shares issued will be determined by the ten day average closing
stock price as of the fifth business day prior to the closing date,
with a minimum of $23.95 and a
maximum of $39.91 per share. The
investigation concerns whether the Board of Intervest breached
their fiduciary duty to stockholders by failing to adequately shop
the Company before agreeing to enter into this transaction, and
whether Bank of the Ozarks is underpaying for Intermountain
shares.
If you own common stock in Intervest and wish to obtain
additional information, please contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.425.1140, or visit
http://docs.wongesq.com/IBCA-Info-Request-Form-364.
Vincent Wong, Esq. is an
experienced attorney that has represented investors in securities
litigations involving financial fraud and violations of shareholder
rights. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
SOURCE The Law Offices of Vincent
Wong