NEW YORK, July 6, 2021 /PRNewswire/ — Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated
Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating
BancorpSouth Bank (“BXS” or the “Company”) (BXS) relating to its proposed merger with Cadence Bancorp. Under the terms of the agreement, Cadence shareholders will receive 0.70 shares of BXS per share they own.
The investigation focuses on whether BancorpSouth Bank and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.