1. Southern States (SSBK) is under investigation for potential fiduciary breaches. 2. Shareholders may receive only 0.800 shares of FB Financial stock in exchange.
Legal investigations often lead to negative sentiment and price declines. Historical cases show similar investigations result in shareholder scrutiny and reduced stock value.
Investigations can shake investor confidence; SSBK's stock price may be significantly affected. The ongoing situation will likely grab investor attention.
The investigation's immediate aftermath may bring volatility in SSBK's stock price. Legal matters typically affect prices rapidly due to market sentiment.