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Shareholder Alert: Ademi LLP investigates whether Iowa First Bancshares Corp. has obtained a Fair Price in its transaction with MidWestOne

Shareholder Alert: Ademi LLP investigates whether Iowa First Bancshares Corp. has obtained a Fair Price in its transaction with MidWestOne

股东警讯:Ademi LLP调查爱荷华州第一银行股份有限公司在与MidWestOne的交易中是否获得公平价格
PR Newswire ·  2021/11/01 21:06

MILWAUKEE, Nov. 1, 2021 /PRNewswire/ -- Ademi LLP is investigating Iowa First Bancshares (OTC Pink: IOFB), for possible breaches of fiduciary duty and other violations of law in its transaction with MidWestOne.

密尔沃基,2021年11月1日/美通社/--Ademi LLP正在调查爱荷华州第一银行股份有限公司(场外粉色股票代码:IOFB),调查其在与爱荷华州第一银行股份有限公司(OTC Pink:IOFB)的交易中可能违反受托责任和其他违法行为中西部一号.

Click here to learn how to join the action: https://www.ademilaw.com/case/iowa-first-bancshares-corp or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

点击这里了解如何加入行动:https://www.ademilaw.com/case/iowa-first-bancshares-corp或拨打Guri Ademi免费电话866-264-3995。对你来说没有任何费用或义务。

Ademi LLP alleges Iowa First Bancshares' financial outlook and prospects are excellent and yet Iowa First Bancshares shareholders will receive only aggregate cash consideration of $47.6 million, subject to adjustment. The merger agreement unreasonably limits competing bids for Iowa First Bancshares by prohibiting solicitation of further bids, and imposing a significant penalty if Iowa First Bancshares accepts a superior bid. Iowa First Bancshares insiders will receive substantial benefits as part of change of control arrangements.

Ademi LLP声称,爱荷华州第一银行股份有限公司的财务前景和前景非常好,但爱荷华州第一银行股份公司的股东将只获得4760万美元的总现金对价,但可能会进行调整。合并协议禁止征求更多出价,并在爱荷华州第一银行股份接受更高出价的情况下施加重大处罚,从而不合理地限制了对爱荷华州第一银行股份的竞争出价。作为控制权变更安排的一部分,爱荷华州第一银行内部人士将获得实质性利益。

We are investigating the conduct of Iowa First Bancshares' board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Iowa First Bancshares.

我们正在调查爱荷华州第一银行股份董事会的行为,以及他们是否(I)履行了对所有股东的受托责任,以及(Ii)为爱荷华州第一银行股份获得公平合理的价格。

If you own Iowa First Bancshares common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/iowa-first-bancshares-corp.                    

如果您拥有爱荷华州第一银行的普通股,并希望获得更多信息,请联系Guri Ademi,网址为[受电子邮件保护]或免费电话:866-264-3995,或https://www.ademilaw.com/case/iowa-first-bancshares-corp.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

我们专注于全国范围内涉及收购、合并和个人股东权利的股东诉讼。如需更多信息,请随时致电我们。律师广告。先前的结果不能保证类似的结果。

Contacts

联系人

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

Ademi LLP古里·阿德米(Guri Ademi)免费电话:(866)264-3995传真:(414)482-8001

SOURCE Ademi LLP

来源:ADEMI LLP

Related Links

相关链接

http://www.ademilaw.com

Http://www.ademilaw.com

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