Rowley Law PLLC is investigating potential securities law violations by CIT Group Inc. (NYSE: CIT) and its board of directors concerning the proposed acquisition of the company by First Citizens BancShares, Inc. (NASDAQ: FCNCA). Stockholders will receive 0.0620 shares of First Citizens BancShares common stock for each share of CIT Group stock that they hold and will own approximately 39% of the combined company. The transaction is expected to close in the first half of 2021.
If you are a stockholder of CIT Group Inc. and are interested in obtaining additional information regarding this investigation, please fill in the contact form on this page. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at [email protected], or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation.
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