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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) (“Spirit” or the “Company”) with Simmons First National Corporation (“Simmons”). Under the terms of the merger, shares of Spirit’s common stock and Spirit’s restricted stock units will be converted into the right to receive shares of Simmons’ common stock, and Spirit’s stock options and warrants will be cashed out. To learn more about the action and your rights, go to:
The Spirit merger investigation concerns whether the Board of Spirit has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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