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PTRS STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF PARTNERS BANCORP IS FAIR TO SHAREHOLDERS
February 22, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Partners Bancorp (NASDAQ: PTRS) to LINKBANCORP, Inc. for 1.15 shares of LINKBANCORP stock for each Partners share is fair to Partners shareholders.
The investigation concerns whether Partners 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 Partners shareholders; (2) determine whether LINKBANCORP is underpaying for Partners; and (3) disclose all material information necessary for Partners shareholders to adequately assess and value the merger consideration. On behalf of Partners 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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