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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of a Class Action Challenging the Fairness of the Sale of First Clover Leaf Financial Corp. to First Mid-Illinois Bancshares Inc. -- FCLF

NEW YORK, June 15, 2016 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased First Clover Leaf Financial Corp. (NASDAQ:FCLF) stock prior to April 26, 2016.

You are hereby notified that a class action has been commenced in Illinois state court challenging the fairness of the sale of First Clover Leaf to First Mid-Illinois Bancshares Inc. (NASDAQ:FMBH). Under the terms of the transaction, First Clover shareholders may elect to receive either $12.87 in cash or 0.495 of a First Mid-Illinois share for each share of First Clover stock they own. To learn more about the action and your rights, go to:

or contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

/EIN News/ -- Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
                    Joseph Levi, Esq.
                    Eduard Korsinsky, Esq.
                    30 Broad Street - 24th Floor
                    New York, NY 10004
                    Tel: (212) 363-7500
                    Toll Free: (877) 363-5972
                    Fax: (212) 363-7171

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