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NEW YORK, June 17, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against LegacyTexas Financial Group, Inc. (NASDAQ:LTXB ) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Prosperity Bancshares, Inc. (NYSE:PB ). Stockholders will receive 0.5280 shares of Prosperity Bancshares, Inc. common stock and $6.28 for each share of LegacyTexas Financial Group, Inc. stock that they hold. The transaction is valued at approximately $2.1 billion and is expected to close in the fourth quarter of 2019.
If you are a stockholder of LegacyTexas Financial Group, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/ltxb . You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email , or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visithttp://www.rowleylawpllc.com .
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SOURCE Rowley Law PLLC