[March 27, 2015]

EQUITY ALERT: The Rosen Law Firm Announces Investigation of First Security Group, Inc. Concerning its Proposed Sale to Atlantic Capital Bancshares, Inc.

The Rosen Law Firm, P.A., a global investor rights law firm, announces that it is investigating the Board of Directors of First Security Group, Inc. (NASDAQ:FSGI) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop First Security Group to maximize shareholder value before agreeing to be acquired by Atlantic Capital Bancshares, Inc.

If you would like to join the action, go to http://rosenlegal.com/cases-560.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at [email protected] or [email protected]. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders may elect to receive $2.35 in cash, 0.188 shares of Atlantic Capital common stock or any combination thereof for each share of First Security Group common stock they own. This is subject to an overall ratio of 40 percent cash and 60 percent stock. The proposed transaction is valued at approximately $160 million. The investigation relates to whether the proposal is fair to the public shareholders of First Security Group and whether First Security Group's Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of First Security Group and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-560.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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

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