The Ademi Firm is currently investigating whether Cadence Bank is ensuring a fair price for its public shareholders in light of its recent transaction with Huntington Bancshares. This inquiry comes amid concerns regarding potential breaches of fiduciary duty and other legal violations connected to the deal announced on October 27, 2025.
In the transaction, Cadence shareholders are set to receive 2.475 shares of common stock for each outstanding share of Cadence common stock. Based on Huntington’s closing price of $16.07 as of October 24, 2025, this consideration implies a value of $39.77 per Cadence share. However, the terms of the agreement have raised questions about whether the Cadence board is acting in the best interests of all shareholders.
One significant concern is that the transaction agreement imposes a substantial penalty on Cadence should it choose to accept a competing bid. This provision could unduly restrict alternative offers, potentially limiting shareholder options. The Ademi Firm is particularly focused on the actions of the Cadence board of directors, examining whether they are fulfilling their fiduciary duties to the company’s shareholders.
Guri Ademi, an attorney with the Ademi Firm, stated, “Our investigation will look into whether the Cadence board’s decisions align with the best interests of its shareholders.” The firm specializes in shareholder litigation related to mergers, buyouts, and individual shareholder rights. They aim to provide clarity and ensure that all shareholders are treated fairly in financial transactions.
The investigation is open to all concerned shareholders, and those interested in participating can contact the Ademi Firm for more information. The firm emphasizes that there are no costs or obligations for shareholders who wish to join the inquiry.
For additional insights or to learn more about the investigation, interested parties can reach out to the Ademi Firm at their toll-free number (866) 264-3995 or via email. The firm underscores that prior results do not guarantee similar outcomes, but they remain committed to advocating for shareholder rights throughout this process.