News Image

OLD LINE BANCSHARES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger

Provided By AccessWire

Last update: Jul 24, 2019

WILMINGTON, DE / ACCESSWIRE / July 24, 2019 / Rigrodsky & Long, P.A.:

  • Do you own shares of Old Line Bancshares, Inc. (NASDAQ CM: OLBK)?
  • Did you purchase any of your shares prior to July 23, 2019?
  • Do you think the proposed merger is fair?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Old Line Bancshares, Inc. (“Old Line” or the “Company”) (NASDAQ CM: OLBK) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by WesBanco, Inc. (“WesBanco”) (NASDAQ GS: WSBC) in a deal valued at approximately $500 million. Under the terms of the agreement, shareholders of Old Line will receive 0.7844 shares of WesBanco for each share of Old Line common stock they own.

If you own common stock of Old Line and purchased any shares before July 23, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT: 
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com 
http://www.rigrodskylong.com

SOURCE: Rigrodsky & Long, P.A.



View source version on accesswire.com:
https://www.accesswire.com/553259/OLD-LINE-BANCSHARES-INC-SHAREHOLDER-ALERT-Rigrodsky-Long-PA-Announces-Investigation-Of-Merger

Follow ChartMill for more