Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of LegacyTexas Financial Group Inc (NASDAQ: LTXB) acted responsibly on behalf of investors’ profitability in the planned $2.1 billion sale to Prosperity Bancshares Inc.

On June 17, 2019, LegacyTexas Financial Group Inc (NASDAQ: LTXB) and Prosperity Bancshares Inc announced that they had entered into a merger agreement. Under the terms of the merger agreement, LegacyTexas shareholders will receive 0.5280 shares of Prosperity common stock and $6.28 cash for each LegacyTexas share, subject to certain conditions.      

Based in Plano, Texas, and founded in 1952 LegacyTexas Financial Group Inc provides various banking products and services in the United States.

The investigation focuses on whether NASDAQ: LTXB investors received the highest price and whether the directors of LegacyTexas Financial Group Inc acted in the best interest of LegacyTexas Financial Group Inc company and its shareholders.   

If you purchased LegacyTexas Financial Group Inc (NASDAQ: LTXB) prior to June 17, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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