Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Avenue Financial Holdings Inc (NASDAQ: AVNU) acted responsibly on behalf of investors’ profitability in the planned $201.4 million sale to Pinnacle Financial Partners Inc (NASDAQ: PNFP).

On January 28, 2016, Avenue Financial Holdings Inc (NASDAQ: AVNU) and Pinnacle Financial Partners Inc (NASDAQ: PNFP) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Avenue shareholders will receive 0.36 shares of Pinnacle’s common stock and $2.00 in cash for every Avenue share.

Based in Nashville, Tennessee, and founded in 2006 Avenue Financial Holdings Inc operates as the bank holding company for Avenue Bank that provides numerous financial services.

The investigation is looking to uncover whether Avenue Financial Holdings Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $22.00 per share.

If you purchased Avenue Financial Holdings Inc (NASDAQ: AVNU) prior to January 28, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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