|[April 29, 2014]
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of OmniAmerican Bancorp in Connection with the Sale of the Company
BALA CYNWYD, Pa. --(Business Wire)--
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of OmniAmerican Bancorp
("OmniAmerican" or the "Company") (Nasdaq:OABC) relating to the proposed
acquisition by Southside Bancshares, Inc. ("SBSI").
Click here to learn more about the investigation http://brodsky-smith.com/752-oabc-omniamerican-bancorp.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, OmniAmerican shareholders will
receive only $13.125 in cash and 0.4459 shares of SBSI common stock for
each share of OmiAmerican stock they own. The investigation concerns
possible breaches of fiduciary duty and other violations of state law by
the Board of Directors of OmniAmerican for not acting in the Company's
shareholders' best interests in connection with the sale process. The
transaction may undervalue OmniAmerican and may be below the premium
paid in comparable transactions.
If you own shares of OmniAmerican common stock and wish to discuss the
legal ramifications of the investigation, or have any questions, you may
e-mail or call the law office of Brodsky & Smith, LLC who will, without
obligation or cost to you, attempt to answer your questions. You may
contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky &
Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail
by visiting http://brodsky-smith.com/752-oabc-omniamerican-bancorp.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and case
action lawsuits. The attorneys at Brodsky & Smith have been appointed by
numerous courts throughout the country to serve as lead counsel in class
actions and successfully recovered millions of dollars for our clients
and shareholders. Attorney advertising. Prior results do not guarantee a
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