Bernstein Liebhard LLP Announces Investigation of Tower Bancorp, Inc.
21 Junio 2011 - 9:50AM
Business Wire
Bernstein Liebhard LLP is investigating whether the Board of
Directors of Tower Bancorp, Inc. (“Tower” or the “Company”)
(NASDAQ:TOBC) breached its fiduciary duty to its shareholders in
agreeing to sell Tower to Susquehanna Bancshares, Inc.
Under the terms of the agreement, Tower shareholders will
receive either 3.4696 shares of Susquehanna stock or $28 in cash
for each share they own. The investigation is focused on the
potential unfairness of the price to Tower shareholders and the
process by which the Tower Board of Directors considered and
approved the transaction.
If you are interested in discussing your rights as a Tower
shareholder and/or have information relating to the matter, please
contact U. Seth Ottensoser at (877) 779-1414 or
Ottensoser@bernlieb.com.
Bernstein Liebhard has pursued hundreds of securities, consumer
and shareholder rights cases and recovered almost $3 billion for
its clients. It has been named to The National Law Journal’s
“Plaintiffs’ Hot List” in each of the last eight years.
Bernstein Liebhard LLP 10 East 40th Street New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2011 Bernstein Liebhard LLP. The law
firm responsible for this advertisement is Bernstein Liebhard LLP,
10 East 40th Street, New York, New York 10016, (212) 779-1414. The
lawyer responsible for this advertisement in the State of
Connecticut is Mary U. Hoover. Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
Tower Bancorp (MM) (NASDAQ:TOBC)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Tower Bancorp (MM) (NASDAQ:TOBC)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Tower Bancorp (MM) (NASDAQ): 0 recent articles
Más de Bernstein Liebhard LLP Artículos de Noticias