NEW YORK, NY / ACCESSWIRE / October 16, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:
Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.
Virginia National Bankshares Corporation (OTCQX:VABK)
Merger Announcement: October 1, 2020
Transaction Details: The terms of the merger, Virginia National shareholders will own approximately 51.4% of the combined company, and Fauquier shareholders will own approximately 48.6%.
To learn more about the VABK investigation and your rights, go to:
Switchback Energy Acquisition Corporation (NYSE:SBE)
Agreement Announcement: September 24, 2020
Transaction Details: Under the terms of the agreement, Switchback shareholders will control only 10.3% of the combined company.
To learn more about the SBE investigation and your rights, go to:
Churchill Capital Corp II (NYSE:CCX)
Merger Announcement: October 13, 2020
Transaction Details: Upon the close of the transaction, Churchill II's shareholders are expected to own approximately 65% of the combined company.
To learn more about the CCX investigation and your rights, go to:
Levi & Korsinsky is a nationally recognized firm with offices in New York, 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.
SOURCE: Levi & Korsinsky, LLP