NEW YORK, June 17, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against LegacyTexas Financial Group, Inc. (NASDAQ: LTXB) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Prosperity Bancshares, Inc. (NYSE: PB). Stockholders will receive 0.5280 shares of Prosperity Bancshares, Inc. common stock and $6.28 for each share of LegacyTexas Financial Group, Inc. stock that they hold. The transaction is valued at approximately $2.1 billion and is expected to close in the fourth quarter of 2019.

If you are a stockholder of LegacyTexas Financial Group, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/ltxb. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com. 

Attorney Advertising. Prior results do not guarantee a similar outcome.

View original content:http://www.prnewswire.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-legacytexas-financial-group-inc-300869591.html

SOURCE Rowley Law PLLC