INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Your Community Bankshares, Inc. & Encourage...
May 10 2016 - 3:43PM
Business Wire
The securities litigation law firm of Brower Piven, A
Professional Corporation, has commenced an investigation into
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Your Community Bankshares, Inc.
(“YCB” or the “Company”) (Nasdaq: YCB) relating to the proposed
buyout of the Company by WesBanco, Inc.
Under the terms of the agreement, YCB shareholders are
anticipated to receive $7.70 in cash and 0.964 shares of WesBanco
for each share of YCB common stock held. The firm’s investigation
seeks to determine, among other things, whether the Company’s Board
of Directors failed to satisfy their duties to shareholders,
including whether the Board adequately pursued alternatives to the
acquisition and whether the Board obtained the best price possible
for the Company’s shares of common stock.
If you currently own common stock of YCB and believe that the
proposed buyout price is too low, or you would like to learn more
about the investigation being conducted by Brower Piven, please
visit our website at
http://www.browerpiven.com/currentinvestigations.html. You may also
request more information by contacting Brower Piven either by email
at hoffman@browerpiven.com or by telephone at (410) 415-6616.
Attorneys at Brower Piven have extensive experience in
litigating securities and other class action cases and have been
advocating for the rights of shareholders since the 1980s.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160510006917/en/
Brower Piven, A Professional CorporationCharles J. Piven,
410-415-66161925 Old Valley RoadStevenson, Maryland
21153hoffman@browerpiven.com
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