Wednesday, December 21, 2011

The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Peoples Bancorporation Inc. in Connection with the Sale of the Company to SCBT Financial Corporation

Levi & Korsinsky is investigating the Board of Directors of Peoples Bancorporation Inc. ("Peoples Bancorporation" or the "Company") (OTC: PBCE) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to SCBT Financial Corporation ("SCBT") (Nasdaq: SCBT). Under the terms of the transaction, Peoples Bancorporation shareholders will receive 0.1413 shares of SCBT stock for each Peoples Bancorporation...continued
     

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