Tuesday, August 16, 2016

Faruqi & Faruqi Alert: EverBank Financial Corp.

everbank-financial-corp-logo

Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of EverBank Financial Corp. (“EverBank” or the “Company”) (NYSE:EVER) for potential breaches of fiduciary duties in connection with the sale of the Company to TIAA for approximately $2.5 billion.

The Company’s stockholders will only receive $19.50 in cash for each share of Company common stock they own. However, this consideration is below at least one analyst’s price target of $22.00 per share and EverBank’s 52-week high of $21.18 per share.

If you own common stock in EverBank and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Nadeem Faruqi, Esq. either via e-mail at nfaruqi@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.  You may also contact Juan E. Monteverde, Esq.  either via email at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

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