NEW YORK, May 27, 2021 (GLOBE NEWSWIRE) --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Pacific Mercantile Bancorp (NASDAQ: PMBC)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Pacific Mercantile Bancorp (NASDAQ: PMBC) in connection with the company’s proposed merger with Banc of California, Inc. (“BANC”). Pursuant to the merger agreement, PMBC shareholders will receive 0.5 shares of BANC stock for each share of PMBC common stock that they hold, representing implied per-share merger consideration of $8.69 based upon BANC’s May 26, 2021 closing price of $17.37. If you own PMBC shares and wish to discuss this investigation or your rights, please call us or visit our website: https://weisslawllp.com/pmbc/
Severn Bancorp, Inc. (NASDAQ: SVBI)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Severn Bancorp, Inc. (NASDAQ: SVBI) in connection with the proposed acquisition of the company by Shore Bancshares, Inc. (“Shore”). Pursuant to the merger agreement, Shore will acquire SVBI in a mixed cash-and-stock transaction, pursuant to which SVBI shareholders will receive $1.59 in cash and 0.6207 of a Shore common stock for each SVBI share that they own, representing implied per-share merger consideration of approximately $12.02 based upon Shore’s May 26, 2021 closing price of $16.80. If you own SVBI shares and wish to discuss this investigation or your rights, please call or visit our website: https://www.weisslawllp.com/svbi/
Century Bancorp, Inc. (NASDAQ: CNBKA)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Century Bancorp, Inc. (“Century”) (NASDAQ: CNBKA) in connection with the proposed acquisition of the company by Eastern Bankshares, Inc. (“Eastern”). Pursuant to the merger agreement, Century shareholders will receive $115.28 in cash for each share of Century common stock that they hold. If you own CNBKA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslawllp.com/cnbka/
Bank of Fincastle (OTCM: BFTL)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Bank of Fincastle (OTCM: BFTL) in connection with the proposed acquisition of the company by First National Corporation (“First National”). Pursuant to the merger agreement, BFTL shareholders may elect to receive either $3.30 in cash, 0.1649 shares of First National common stock, or a combination of cash and First National stock for each share of BFTL that they own. If you own BFTL shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/bftl/