San Diego, CA -- (SBWIRE) -- 12/16/2015 -- An investigation for shareholders in shares of C1 Financial Inc was announced concerning the takeover of C1 Financial Inc.

Investors who purchased shares of C1 Financial Inc (NYSE:BNK) and currently hold any of those NYSE:BNK shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of C1 Financial Inc breached their fiduciary duties owed to NYSE:BNK investors in connection with the proposed acquisition.

On November 9, 2015 Bank of the Ozarks, Inc. (NASDAQ: OZRK) and C1 Financial Inc (NYSE:BNK) jointly announced the signing of an agreement and plan of merger whereby Bank of the Ozarks, Inc. will acquire C1 Financial, Inc. and its wholly-owned bank subsidiary, C1 Bank, in an all-stock transaction valued at approximately $402.5 million, or approximately $25.00 per C1 Financial Inc (NYSE:BNK) share, subject to potential adjustments as described in the Agreement.

However, the investigation concerns whether the offer is unfair to NYSE:BNK stockholders. More specifically, the investigation concerns whether the C1 Financial Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Shares of C1 Financial Inc (NYSE:BNK) closed on November 16, 2015, at $24.29 per share.

Those who are current investors in C1 Financial Inc (NYSE:BNK) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com