NEW YORK–(BUSINESS WIRE)–Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Peoples Financial Services Corp. (NASDAQ: PFIS) and FNCB Bancorp, Inc. is fair to Peoples shareholders. Under the terms of the proposed merger, upon completion of the merger, FNCB shareholders would receive 0.1460 shares of Peoples common stock for each share of FNCB common stock they own. Upon completion of the proposed transaction, Peoples shareholders would own approximately 71% of the combined company.
Halper Sadeh encourages Peoples shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether Peoples and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Peoples shareholders; and (2) disclose all material information necessary for Peoples shareholders to adequately assess and value the merger consideration. On behalf of Peoples shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages Peoples shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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Contacts
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com