Faruqi & Faruqi Investigation: Jacksonville Bancorp, Inc.

Faruqi & Faruqi, LLP Announces the Investigation of Jacksonville Bancorp, Inc. (JAXB) Over the Proposed Sale of the Company to Ameris Bancorp

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Jacksonville Bancorp, Inc. (“Company”) (NasdaqCM:JAXB) for potential breaches of fiduciary duties in connection with the sale of the Company to Ameris Bancorp for approximately $96.6 million in a cash or stock transaction.
The Company’s stockholders will only receive either 0.5861 shares of Ameris common stock or $16.50 in cash for each share of Jacksonville Bancorp common stock they own, subject to the total consideration being 75% stock and 25% cash.
If you own common stock in the Company and wish to obtain additional information and protect your investments free of charge, please contact Faruqi & Faruqi's Juan E. 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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