Howard Bancorp, Inc.
If you purchased Howard Bancorp, Inc. securities and would like to join the action, please click "Join This Action" below.
HOWARD BANCORP MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF HOWARD BANCORP, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – HBMD
July 13, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Howard Bancorp, Inc. (NASDAQ: HBMD) to F.N.B. Corporation is fair to Howard Bancorp shareholders. Under the terms of the merger agreement, Howard Bancorp shareholders will be entitled to receive 1.8 shares of FNB common stock for each share of Howard Bancorp common stock they own.
The investigation concerns whether Howard Bancorp 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 Howard Bancorp shareholders; (2) determine whether FNB is underpaying for Howard Bancorp; and (3) disclose all material information necessary for Howard Bancorp shareholders to adequately assess and value the merger consideration. On behalf of Howard Bancorp 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.