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Press release content from Business Wire. The AP news staff was not involved in its creation.

SOUTHWEST GEORGIA FINANCIAL ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of SGB and Encourages Investors to Contact the Firm

December 19, 2019 GMT

NEW YORK--(BUSINESS WIRE)--Dec 19, 2019--

Bragar Eagel & Squire, P.C., a nationally recognized stockholder law firm, has launched an investigation into whether the board members of Southwest Georgia Financial Corporation (NYSE: SGB) breached their fiduciary duties or violated the federal securities laws in connection with the company’s proposed sale to The First Bancshares, Inc.

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On December 18, 2019, SGB announced that it had signed an agreement to merge with The First Bancshares. Per the merger agreement, SGB stockholders will receive 1 share of The First Bancshares common stock for each share of SGB common stock owned. The deal is scheduled to close in the second quarter of 2020.

Bragar Eagel & Squire is concerned that SGB’s board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for SGB stockholders.

If you own shares of SGB and are concerned about the proposed merger, or you’re interested in learning more about the investigation or your legal rights and remedies, please contact Brandon Walker or Alexandra Raymond by email at investigations@bespc.com or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191219005804/en/

CONTACT: Bragar Eagel & Squire, P.C.

Brandon Walker, Esq.

Alexandra Raymond, Esq.





SOURCE: Bragar Eagel & Squire, P.C.

Copyright Business Wire 2019.

PUB: 12/19/2019 04:54 PM/DISC: 12/19/2019 04:54 PM