The Law Office of Joseph Klein is Investigating Tower Bancorp, Inc.
27 Junio 2011 - 2:39PM
Business Wire
The Law Office of Joseph Klein is investigating the Board of
Directors of Tower Bancorp, Inc. (NASDAQ: TOBC) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Susquehanna Bancshares,
Inc. (NASDAQ: SUSQ). Under the terms of the proposed deal, Tower
shareholders may elect to receive either 3.4696 shares of
Susquehanna common stock or $28.00 in cash per share. The
transaction has a total value of approximately $343 million.
Click here to get more information:
http://www.jkleinlawfirm.com/tower-bancorp-inc.html.
The investigation concerns whether the Tower Board of Directors
breached their fiduciary duties to Tower stockholders by failing to
adequately shop the Company before entering into this transaction
and whether Susquehanna Bancshares, Inc. is underpaying for Tower
shares.
If you own common stock in Tower and wish to obtain additional
information, please contact Joseph Klein, Esq. directly, via email
at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free:
877-STOK-180, or visit
http://www.jkleinlawfirm.com/tower-bancorp-inc.html.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation. Attorney advertising. Prior
results do not guarantee similar outcomes.
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