WASHINGTON -- (Business Wire)
The law firm Finkelstein Thompson LLP is investigating potential claims
on behalf of shareholders of First Financial Holdings, Inc. (NASDAQ:
FFCH) (“First Financial” or “the Company”), concerning the proposed
acquisition of the Company by SCBT Financial Corp. (NASDAQ: SCBT). Under
the terms of the transaction, shareholders would receive 0.4237 shares
of SCBT common stock for every share of First Financial they own, a
current value of approximately $18.52 per share. The deal is valued at
$302.4 million in the aggregate.
The investigation is focused on the potential unfairness of the
consideration to shareholders, the process by which the Company’s Board
of Directors considered the transaction, as well as potential conflicts
of interest among First Financial’s Board members.
If you are interested in discussing your rights as a First Financial
shareholder, or have information relating to this investigation, please
contact Finkelstein Thompson’s Washington, DC offices at (202)-337-8000
or by email at firstname.lastname@example.org.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients in
financial litigation, and has been appointed as lead or co-counsel in
dozens of shareholder class actions. Indeed, the firm has served in
leadership roles in cases that have recovered over $1 billion for
investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our website
Attorney advising. Prior results do not guarantee similar outcomes.
Finkelstein Thompson LLP
Rosalee Thomas, 202-337-8000
Source: Finkelstein Thompson LLP
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