The Community Financial Corporation
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TCFC STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF THE COMMUNITY FINANCIAL CORPORATION IS FAIR TO SHAREHOLDERS
December 15, 2022.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of The Community Financial Corporation (NASDAQ: TCFC) to Shore Bancshares, Inc. for 2.3287 shares of Shore common stock per share of Community Financial is fair to Community Financial shareholders.
The investigation concerns whether Community Financial 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 Community Financial shareholders; (2) determine whether Shore is underpaying for Community Financial; and (3) disclose all material information necessary for Community Financial shareholders to adequately assess and value the merger consideration. On behalf of Community Financial 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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