|[January 16, 2013]
Faruqi & Faruqi, LLP Launches an Investigation against Teche Holding Company (TSH) for Potential Breaches of Fiduciary Duties by Its Board of Directors
NEW YORK --(Business Wire)--
Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Teche
Holding Company ("Teche" or the "Company") (NYSE MKT: TSH) for potential
breaches of fiduciary duties in connection with their conduct in seeking
shareholders' approval for a an advisory proposal on the Company's
Specifically, in the Proxy Statement filed by the Company with the
Securities and Exchange Commission on January 4, 2013, the Board of
Directors recommends that Teche's shareholders vote to approve a
non-binding advisory proposal regarding the Company's executive
compensation. The issuance of the additional shares could have a
substantial dilutive effect on the shares of Teche common stock.
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If you own common stock in Teche and wish to obtain additional
information and protect your investments free of charge, please visit us
or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org
or by telephone at (877) 247-4292 or (212) 983-9330.
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