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

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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





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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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