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CENTRIX BANK & TRUST SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
[March 05, 2014]

CENTRIX BANK & TRUST SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

WILMINGTON, Del. --(Business Wire)--

Rigrodsky & Long, P.A.:

  • Do you own shares of Centrix Bank & Trust (OTC QB: CXBT)?
  • Did you purchase any of your shares prior to March 4, 2014?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Centrix Bank & Trust ("Centrix" or the "Company") (OTC QB: CXBT) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Eastern Bank Corporation ("Eastern"), in a transaction valued at approximately $134 million.

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Under the terms of the agreement, public shareholders of Centrix will receive $41.00 per share in cash for each share of Centrix they own.

The investigation concerns whether Centrix's board of directors failed to adequately shop the Company and obtain the best possible value for Centrix's shareholders before entering into an agreement with Eastern.

If you own the common stock of Centrix and purchased your shares before March 4, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, Delaware 19803; by telephone at (888) 969-4242; or by e-mail to, or at:

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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

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