Veritex Shareholders Investigate Possible Breaches of Fiduciary Duty

The Ademi Firm is investigating Veritex (NASDAQ: VBTX) for possible breaches of fiduciary duty and law in its transaction with Huntington (NASDAQ: HBAN). The investigation focuses on whether Veritex's board of directors fulfilled their fiduciary duties to all shareholders. The transaction agreement may have unreasonably limited competing transactions and contained misrepresentations and omissions. Shareholders who received 1.95 shares for each outstanding share of Veritex are encouraged to contact the firm for additional information.

The Ademi Firm has initiated an investigation into Veritex Holdings, Inc. (NASDAQ: VBTX), alleging potential breaches of fiduciary duty and legal violations in its recent transaction with Huntington (NASDAQ: HBAN). The investigation centers around whether the board of directors at Veritex fulfilled their fiduciary duties to all shareholders during the transaction.

According to the investigation, shareholders of Veritex received 1.95 shares for each outstanding share of Veritex. This transaction, however, may have unreasonably limited competing transactions and potentially contained misrepresentations and omissions. The firm is examining the conduct of the Veritex board and whether they acted in the best interests of all shareholders.

The Ademi Firm, which specializes in shareholder litigation involving buyouts, mergers, and individual shareholder rights, is encouraging shareholders who received 1.95 shares per outstanding share to contact them for additional information. There is no cost or obligation to participate in the investigation.

For more information, interested parties can contact the Ademi & Fruchter LLP at toll-free: 866-264-3995 or by fax at (414) 482-8001.