NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Jacksonville Bancorp, Inc. (NASDAQCM: JXSB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to CNB Bank Shares, Inc. Under the terms of the deal, Jacksonville Bancorp shareholders will receive $33.70 for each Jacksonville Bancorp share they own. The investigation concerns whether the Jacksonville Bancorp Board of Directors breached their fiduciary duties t...
NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Jacksonville Bancorp, Inc. (NASDAQCM:JXSB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to CNB Bank Shares, Inc. Under the terms of the deal, Jacksonville Bancorp shareholders will receive $33.70 for each Jacksonville Bancorp share they own. The investigation concerns whether the Jacksonville Bancorp Board of Directors breached their fiduciary duties to...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Jacksonville Bancorp, Inc. (“Jacksonville Bancorp” or the “Company”) (NASDAQCM: JXSB) stock prior to January 18, 2018. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Jacksonville Bancorp to CNB Bank Shares, Inc. for $33.70 per share. As part of the transaction, Jacksonville Savings Bank will merge with and int...
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