Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Xenith Bankshares Inc (NASDAQ: XBKS) acted responsibly on behalf of investors’ profitability in the sale to Hampton Roads Bankshares Inc (NASDAQ: HMPR).

On February 10, 2016, Xenith Bankshares Inc (NASDAQ: XBKS) and Hampton Roads Bankshares Inc (NASDAQ: HMPR) announced that they had entered into a merger agreement. Under the terms of the agreement, Xenith shareholders will receive 4.4 shares of HRB common stock for each share of Xenith common stock. 

Based in Richmond, Virginia, Xenith Bankshares Inc operates as the bank holding company for Xenith Bank that provides commercial banking products and services in Virginia.

The investigation focuses on whether NASDAQ: XBKS investors received the highest price and whether the directors of Xenith Bankshares Inc acted in the best interest of Xenith Bankshares Inc company and its shareholders.   

If you purchased Xenith Bankshares Inc (NASDAQ: XBKS) prior to February 10, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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