BALA CYNWYD, PA / ACCESSWIRE / July 19, 2021 / Brodsky & Smith reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions.If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or calling toll free 855-576-4847. There is no cost or financial obligation to you.
Altabancorp (Nasdaq:ALTA)
Under the terms of the agreement, Altabancorp shareholders will receive only 0.7971 shares of Glacier stock for each Altabancorp share. Based on the closing price of $61.51 for Glacier shares on May 17, 2021, the transaction implies a per share consideration of $49.02 per Altabancorp share. The investigation concerns whether the Altabancorp Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Glacier is paying too little for the Company.
Additional information can be found at https://www.brodskysmith.com/cases/altabancorp-nasdaq-alta/, or call 855-576-4847. No cost or obligation to you.
Reliant Bancorp, Inc. (Nasdaq:RBNC)
Under the terms of the merger agreement, Reliant shareholders will receive only 0.9842 shares of United common stock for each share of Reliant common stock they own. The all-stock transaction is valued at $30.58 per share based upon the closing stock price of United as of July 13, 2021. The investigation concerns whether the Reliant Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether United is paying too little for the Company.
Additional information can be found at https://www.brodskysmith.com/cases/reliant-bancorp-inc-nasdaq-rbnc/, or call 855-576-4847. No cost or obligation to you.
County Bancorp, Inc. (Nasdaq:ICBK)
Under the terms of the merger agreement, County shareholders have the right to receive for each share of County common stock, at the election of each holder and subject to proration, either cash of $37.18 per share of County common stock or 0.48 shares of Nicolet common stock. County shareholder elections will be prorated to ensure the total consideration will consist of approximately 20% cash and approximately 80% Nicolet common stock. The investigation concerns whether the County Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Nicolet is paying too little for the Company.
Additional information can be found at https://www.brodskysmith.com/cases/county-bancorp-inc-nasdaq-icbk/, or call 855-576-4847. No cost or obligation to you.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE: Brodsky & Smith, LLC