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Law Office of Brodsky & Smith, LLC Announces Investigation of Peoples Bancorporation, Inc

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BALA CYNWYD, Pa.--(EON: Enhanced Online News)--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Peoples Bancorporation, Inc. (“Peoples” or the “Company”) (OTC BB - PBCE) relating to the proposed acquisition by SCBT Financial Corporation (“SCBT”). Under the terms of the transaction, Peoples shareholders would receive 0.1413 shares of SCBT common stock for each share of Peoples common stock they own. The transaction values a style='font-size: 10

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									Law Office of Brodsky & Smith, LLC Announces
Investigation of Peoples Bancorporation, Inc.
December 20, 2011 04:08 PM Eastern Time 

BALA CYNWYD, Pa.--(EON: Enhanced Online News)--Law office of Brodsky & Smith, LLC announces that it
is investigating potential claims against the Board of Directors of Peoples Bancorporation, Inc. (“Peoples” or the
“Company”) (OTC BB - PBCE) relating to the proposed acquisition by SCBT Financial Corporation (“SCBT”).

Under the terms of the transaction, Peoples shareholders would receive 0.1413 shares of SCBT common stock for
each share of Peoples common stock they own. The transaction values Peoples at only approximately $28.4 million.
The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of
Directors of Peoples for not acting in Peoples shareholders' best interests in connection with the sale process to
SCBT.

If you own shares of Peoples stock and wish to discuss the legal ramifications of the proposed transaction, or have
any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at
Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, visiting http://brodsky-smith.com/373-pbce-peoples-bancorporation-
inc.html, or by calling toll free 877-LEGAL-90.

Contacts
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/373-pbce-peoples-bancorporation-inc.html

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