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new York, June 5, 2021 /PRNewswire/ – Halper Sadeh LLP, a global investor rights law firm, announced that it is investigating the following companies:
TGR Financial, Inc. (OTCQX:TGRF) Regarding possible violations of federal securities laws and/or violations of fiduciary obligations related to its sale to First Foundation Inc. According to the terms of the merger agreement, TGR Financial shareholders will receive 0.6068 First Foundation ordinary shares of TGR Financial per share or TGR Financial Series A non-voting convertible preferred shares. Upon completion of the transaction, TGR Financial shareholders are expected to own approximately 20.2% of the issued shares of First Foundation common stock. If you are a shareholder of TGR Financial, Click here to learn more about your rights and choices.
Choose Bancorp, Inc. (NASDAQ stock code:SLCT) Involved in possible violations of federal securities laws and/or violations of fiduciary obligations related to its sale to First Bancorp. Under the terms of the merger, Select Bancorp shareholders will receive 0.408 shares of First Bancorp common stock for each Select Bancorp common stock they own. If you are a shareholder of Select Bancorp, Click here to learn more about your rights and choices.
Community Bankers Trust Company (Nasdaq stock code:ESXB) Regarding possible violations of federal securities laws and/or violations of fiduciary obligations related to its sale to United Bankshares, Inc. According to the merger agreement, Community Bankers shareholders will receive a fixed conversion ratio of 0.3173 United shares per Community Bankers they own. If you are a shareholder of a community banker, Click here to learn more about your rights and choices.
Strongbridge Biopharma plc (NASDAQ:SBBP) Regarding possible violations of federal securities laws and/or violations of fiduciary obligations related to its sale to Xeris Pharmaceuticals, Inc.. According to the terms of the merger, Strongbridge shareholders will receive 0.7840 shares of the combined company and 1 contingent value right (“CVR”) for each Strongbridge they own. The value of CVR is as high as 1.00 USD After completing certain trigger events, merge the company’s cash or stock. If you are a shareholder of Strongbridge, Click here to learn more about your rights and choices.
Magnachip Semiconductor Corporation (NYSE code:MX) Regarding possible violations of federal securities laws and/or violations of fiduciary obligations related to the sale of investment instruments established by Wise Road Capital LTD and certain limited partners at a price of $29.00 per share in cash. If you are a shareholder of Magnachip, Click here to learn more about your legal rights and choices.
Halper Sadeh LLP may seek increased consideration, additional disclosures and information about the proposed transaction or other relief and benefits on behalf of shareholders.
Encourage shareholders to contact the company free Discuss their legal rights and choices.Please call Daniel Thad or Zachary Harper At (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors around the world who have become victims of securities fraud and corporate misconduct. Our lawyers have played an important role in implementing company reforms and recovering millions of dollars on behalf of defrauded investors.
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Contact information:
Harpersard Law Firm
Daniel Sade, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP
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