SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of TriState Capital Holdings Inc. (Nasdaq – TSC)

BALA CYNWYD – October 25, 2021 /Access Wire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of TriState Capital Holdings Inc. (“TriState Capital” or the “Company”) (Nasdaq – TSC) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by Raymond James Financial, Inc. (“Raymond James”) (NYSE – RJF). Under the terms of the merger agreement, TriState Capital shareholders will receive $6.00 in cash and 0.25 Raymond James shares for each TriState Capital share they own, representing implied per-share merger consideration of approximately $31.42, based upon Raymond James’s October 20, 2021 closing price of $101.67.

The investigation concerns whether the TriState Capital Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Raymond James is paying too little for the Company.

If you own shares of TriState Capital stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.