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
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.
密爾沃基,2021年11月1日/美通社/--Ademi LLP正在調查愛荷華州第一銀行股份有限公司(場外粉色股票代碼：IOFB)，調查其在與愛荷華州第一銀行股份有限公司(OTC Pink：IOFB)的交易中可能違反受託責任和其他違法行為中西部一號.
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.
點擊這裏瞭解如何加入行動：https://www.ademilaw.com/case/iowa-first-bancshares-corp或撥打Guri Ademi免費電話866-264-3995。對你來説沒有任何費用或義務。
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聲稱，愛荷華州第一銀行股份有限公司的財務前景和前景非常好，但愛荷華州第一銀行股份公司的股東將只獲得4760萬美元的總現金對價，但可能會進行調整。合併協議禁止徵求更多出價，並在愛荷華州第一銀行股份接受更高出價的情況下施加重大處罰，從而不合理地限制了對愛荷華州第一銀行股份的競爭出價。作為控制權變更安排的一部分，愛荷華州第一銀行內部人士將獲得實質性利益。
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.
我們正在調查愛荷華州第一銀行股份董事會的行為，以及他們是否(I)履行了對所有股東的受託責任，以及(Ii)為愛荷華州第一銀行股份獲得公平合理的價格。
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.
如果您擁有愛荷華州第一銀行的普通股，並希望獲得更多信息，請聯繫Guri Ademi，網址為[受電子郵件保護]或免費電話：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.
我們專注於全國範圍內涉及收購、合併和個人股東權利的股東訴訟。如需更多信息，請隨時致電我們。律師廣告。先前的結果不能保證類似的結果。
Contacts
聯繫人
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
Ademi LLP古裏·阿德米(Guri Ademi)免費電話：(866)264-3995傳真：(414)482-8001
SOURCE Ademi LLP
來源：ADEMI LLP
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