{"id":687709,"date":"2022-09-21T14:58:11","date_gmt":"2022-09-21T18:58:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\/"},"modified":"2022-09-21T14:58:11","modified_gmt":"2022-09-21T18:58:11","slug":"shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\/","title":{"rendered":"SHAREHOLDER ALERT: Weiss Law Investigates Southern Missouri Bancorp, Inc."},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 21, 2022<\/span><\/span> \/PRNewswire\/ &#8212; <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655320-1&amp;h=4003944391&amp;u=http%3A%2F%2Fweisslawllp.com%2F&amp;a=Weiss+Law\" target=\"_blank\" rel=\"nofollow noopener\">Weiss Law<\/a>\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Southern Missouri Bancorp, Inc. (&#8220;<span class=\"xn-location\">Southern Missouri<\/span>&#8221; or the &#8220;Company&#8221;) (NASDAQ: SMBC), in connection with the proposed merger of the Company with Citizens Bancshares Co. (&#8220;Citizens&#8221;). \u00a0Under the terms of the merger agreement, Citizens&#8217; shareholders will have the right to elect either a fixed exchange ratio of 1.1448 shares of <span class=\"xn-location\">Southern Missouri<\/span> common stock, or a cash payment of <span class=\"xn-money\">$53.50<\/span> for each Citizens&#8217; share owned.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1424445\/WeissLaw_LLP_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1424445\/WeissLaw_LLP_Logo.jpg\" title=\"(PRNewsfoto\/WeissLaw LLP)\" alt=\"(PRNewsfoto\/WeissLaw LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p class=\"prntac\">\n        <b><br \/>\n          <u>If you own <\/u><br \/>\n        <\/b><br \/>\n        <b><br \/>\n          <u><br \/>\n            <span class=\"xn-location\">Southern Missouri<\/span><br \/>\n          <\/u><br \/>\n        <\/b><br \/>\n        <b><br \/>\n          <u>shares<\/u><br \/>\n        <\/b><br \/>\n        <b><br \/>\n          <u>\u00a0and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:<\/u><br \/>\n        <\/b>\n      <\/p>\n<p class=\"prntac\">\n        <b><br \/>\n          <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3655320-1&amp;h=574987338&amp;u=https%3A%2F%2Fwww.weisslaw.co%2Fnews-and-cases%2Fsmbc&amp;a=https%3A%2F%2Fwww.weisslaw.co%2Fnews-and-cases%2Fsmbc\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.weisslaw.co\/news-and-cases\/smbc<\/a><br \/>\n        <\/b>\u00a0<br \/><b><u>Or please contact:<br \/><\/u><\/b><b><span class=\"xn-person\">Joshua Rubin, Esq.<\/span><br \/><\/b>Weiss Law <br \/>305 Broadway, 7<sup>th<\/sup> Floor<br \/><span class=\"xn-location\">New York<\/span>, NY\u00a0 10007<br \/><b>(212)\u00a0682-3025<br \/><\/b><b>(888) 593-4771<br \/><a href=\"mailto:stockinfo@weisslawllp.com\" target=\"_blank\" rel=\"nofollow noopener\">stockinfo@weisslawllp.com<\/a><br \/><\/b><\/p>\n<p>Weiss Law is investigating whether (i) <span class=\"xn-location\">Southern Missouri&#8217;s<\/span> board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates <span class=\"xn-location\">Southern Missouri&#8217;s<\/span> shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.\u00a0<\/p>\n<p>Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.\u00a0 We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.\u00a0 If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at <a href=\"mailto:stockinfo@weisslawllp.com\" target=\"_blank\" rel=\"nofollow noopener\">stockinfo@weisslawllp.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC80214&amp;sd=2022-09-21\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc-301630006.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc-301630006.html<\/a><\/p>\n<p>SOURCE  Weiss Law<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC80214&amp;Transmission_Id=202209211455PR_NEWS_USPR_____DC80214&amp;DateId=20220921\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , Sept. 21, 2022 \/PRNewswire\/ &#8212; Weiss Law\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Southern Missouri Bancorp, Inc. (&#8220;Southern Missouri&#8221; or the &#8220;Company&#8221;) (NASDAQ: SMBC), in connection with the proposed merger of the Company with Citizens Bancshares Co. (&#8220;Citizens&#8221;). \u00a0Under the terms of the merger agreement, Citizens&#8217; shareholders will have the right to elect either a fixed exchange ratio of 1.1448 shares of Southern Missouri common stock, or a cash payment of $53.50 for each Citizens&#8217; share owned. If you own Southern Missouri shares \u00a0and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Weiss Law Investigates Southern Missouri Bancorp, Inc.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687709","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Weiss Law Investigates Southern Missouri Bancorp, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Weiss Law Investigates Southern Missouri Bancorp, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Sept. 21, 2022 \/PRNewswire\/ &#8212; Weiss Law\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Southern Missouri Bancorp, Inc. (&#8220;Southern Missouri&#8221; or the &#8220;Company&#8221;) (NASDAQ: SMBC), in connection with the proposed merger of the Company with Citizens Bancshares Co. (&#8220;Citizens&#8221;). \u00a0Under the terms of the merger agreement, Citizens&#8217; shareholders will have the right to elect either a fixed exchange ratio of 1.1448 shares of Southern Missouri common stock, or a cash payment of $53.50 for each Citizens&#8217; share owned. If you own Southern Missouri shares \u00a0and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website: &hellip; Continue reading &quot;SHAREHOLDER ALERT: Weiss Law Investigates Southern Missouri Bancorp, Inc.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-21T18:58:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1424445\/WeissLaw_LLP_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Weiss Law Investigates Southern Missouri Bancorp, Inc.\",\"datePublished\":\"2022-09-21T18:58:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\\\/\"},\"wordCount\":307,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1424445\\\/WeissLaw_LLP_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weiss-law-investigates-southern-missouri-bancorp-inc\\\/\",\"name\":\"SHAREHOLDER ALERT: Weiss Law Investigates Southern Missouri Bancorp, Inc. - 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