Faruqi & Faruqi: C1 Financial, Inc.

Faruqi & Faruqi, LLP Announces the Investigation of C1 Financial, Inc. (BNK) Over the Proposed Sale of the Company to Bank of the Ozarks, Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of C1 Financial, Inc. (“C1” or the “Company”) (NYSE:BNK) for potential breaches of fiduciary duties in connection with the sale of the Company to Bank of the Ozarks, Inc. for approximately $400 million.
The Company’s stockholders will only receive the equivalent of $25.00 in shares of Bank of Ozarks for each share of Company common stock they own. However, the offer provides virtually no premium over the 52-week high of $24.99 per share and at least one analyst’s target price of $25.00 per share.
If you own common stock in C1 and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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