|[February 08, 2013]
WeissLaw LLP Investigates First M&F Corporation Acquisition
NEW YORK --(Business Wire)--
WeissLaw LLP, a national class action and shareholder rights law firm
with offices in New York City and Los Angeles, is investigating possible
breaches of fiduciary duty and other violations of law by the Board of
Directors of First M&F Corporation ("M&F" or the "Company") (NASDAQ:
FMFC) arising from its agreement for M&F to be acquired by Renasant
Corporation ("Renasant"). Under the terms of the proposed transaction,
M&F shareholders will receive a fixed .6425 shares of Renasant common
stock for each share of M&F stock they own, representing a value of
approximately $12.35 per share, based on Renasant's average ten-day
closing price ended February 4, 2013.
WeissLaw LLP is investigating whether M&F's Board acted in the best
interests of its public shareholders by actively shopping the Company to
maximize shareholder value for M&F's public shareholders, prior to
entering into the proposed transaction with Renasant. M&F recently
announced its results for 2012 reporting net income of $6.985 million,
or $0.54 basic and diluted earnings per share as compared to net income
of $4.373 million, or $0.28 basic and diluted earnings per share, for
2011, a 93% improvement in common earnings per share. If you own M&F
shares and would like more information about your rights as a
shareholder or additional information concerning our investigation,
please contact Kelly C. Keenan either by telephone at (888) 593-4771 or
by email at firstname.lastname@example.org.
WeissLaw LLP has litigated hundreds of stockholder class and derivative
actions for violations of corporate and fiduciary duties. We have
recovered over a billion dollars for defrauded institutions and
individuals and obtained important corporate governance in these cases.
If you have information or would like legal advice concerning possible
corporate wrongdoing (including insider trading, waste of corporate
assets, accounting fraud, or issuing materially misleading information),
consumer fraud (including false advertising, defective products, or
other deceptive business practices), or anti-trust violations, please
email us at email@example.com
or fill out the form on our website, http://www.weisslawllp.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar outcome.
Kelly C. Keenan
1500 Broadway, 16th
New York, NY 10036
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