MACATAWA BANK INVESTOR ALERT FROM FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates Appropriateness of Price and Procedure in Proposed Sale of Macatawa Bank Corporation

NEW ORLEANS, July 2, 2024 /PRNewswire/ — Former Louisiana Attorney General Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Macatawa Bank Corporation (NasdaqGS: MCBC) to Wintrust Financial Corporation (NasdaqGS: WTFC). Under the terms of the proposed transaction, each share of Macatawa common stock will be converted into the right to receive merger consideration in shares of Wintrust common stock based on the average trading price of Wintrust at the closing of the transaction, which will be determined pursuant to the merger agreement. KSF is seeking to determine whether this compensation and the process that led to it are reasonable or whether the compensation undervalues ​​the company.

If you believe this transaction undervalues ​​the Company and/or if you would like to discuss your legal rights with respect to the proposed sale, you may contact KSF Managing Partner Lewis S. Kahn, without obligation and free of charge, by email or by calling him ((email protected)) You may call us toll-free at 855-768-1857 or visit https://www.ksfcounsel.com/cases/nasdaqgs-mcbc/ to learn more.

To learn more about KSF, whose partners include the former Attorney General of Louisiana, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
1100 Poydras St., Suite 960
New Orleans, LA 70163

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