Harwood Feffer LLP Announces Investigation of C1 Financial, Inc.

NEW YORK, Nov. 11, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of C1 Financial, Inc. ("C1" or the "Company") (NYSE: BNK) concerning the proposed acquisition of the Company by Bank of the Ozarks, Inc. ("Bank of the Ozarks").

Under the terms of the offer, the Bank of the Ozarks would acquire C1 in a transaction valued at approximately $400 million.  Pursuant to the deal, C1 stockholders would receive Bank of the Ozarks stock worth $25.00 for each share of C1 stock. 

Our investigation concerns whether the C1 board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own C1 shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com 
Website: http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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SOURCE Harwood Feffer LLP