We would handle the action on a contingent fee basis, whereby you would not be responsible for out of pocket payment of our legal fees or expenses.
ORRF STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF ORRSTOWN FINANCIAL SERVICES, INC. IS FAIR TO SHAREHOLDERS
December 12, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Orrstown Financial Services, Inc. (NASDAQ: ORRF) and Codorus Valley Bancorp, Inc. is fair to Orrstown shareholders. Upon closing of the proposed transaction, Orrstown shareholders will own approximately 56% of the outstanding shares of the combined company.
The investigation concerns whether Orrstown and its board 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 Orrstown shareholders; and (2) disclose all material information necessary for Orrstown shareholders to adequately assess and value the merger consideration. On behalf of Orrstown shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC 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.
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