Ryan & Maniskas, LLP Announces Investigation of First Financial Holdings Inc.
by PR Newswire
WAYNE, Pa., Feb. 21, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/ffch) is investigating potential claims against the board of directors of First Financial Holdings Inc. ("First Financial" or the "Company") (NASDAQ: FFCH) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to SCBT Financial Corporation in a transaction valued at approximately $302.4 million.
Our investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval of the transaction by the Company's board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of First Financial. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at firstname.lastname@example.org or visit: www.rmclasslaw.com/cases/ffch.
Under the terms of the transaction, First Financial shareholders will receive 0.4237 of a SCBT Financial Corporation common share for each share of First Financial stock they own, representing a value of approximately $18.30 per share.
If you own shares of OfficeMax and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/ffch. You may also email Mr. Maniskas at email@example.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
SOURCE Ryan & Maniskas, LLP