Guaranty Federal Bancshares, Inc.
If you purchased Guaranty Federal Bancshares, Inc. securities and would like to join the action, please click "Join This Action" below.
GFED MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF GUARANTY FEDERAL BANCSHARES, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – GFED
November 9, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Guaranty Federal Bancshares, Inc. (NASDAQ: GFED) to QCR Holdings, Inc. is fair to Guaranty shareholders. Under the terms of the merger agreement, Guaranty shareholders will have the right to receive for each share of Guaranty common stock owned, at the election of each stockholder, and subject to proration, (i) $30.50 in cash, (ii) 0.58775 shares of QCR common stock, or (iii) mixed consideration of $6.10 in cash and 0.4702 shares of QCR common stock.
The investigation concerns whether Guaranty and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Guaranty shareholders; (2) determine whether QCR is underpaying for Guaranty; and (3) disclose all material information necessary for Guaranty shareholders to adequately assess and value the merger consideration. On behalf of Guaranty shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.