Shareholder alert: monteverde & associates pc announces an investigation of atlantic capital bancshares, inc. - acbi

New york, july 31, 2021 /prnewswire/ -- juan monteverde , founder and managing partner at monteverde & associates pc, a national securities firm rated top 50 in the 2018-2020 iss securities class action services report and headquartered at the empire state building in new york city, is investigating atlantic capital bancshares, inc. ("acbi" or the "company") (acbi) relating to its proposed acquisition by southstate corp. under the terms of the agreement, acbi shareholders will receive 0.36 shares of southstate per share they own. the investigation focuses on whether atlantic capital bancshares, inc. and its board of directors violated securities laws and/or breached their fiduciary duties to the company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.
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