NEW YORK, Sept. 25, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. announces to investors that it is investigating potential claims on behalf of stockholders of Highlands Bankshares, Inc. (Other OTC: HLND), Cambrex Corporation (NYSE: CBM), Two River Bancorp (NASDAQ: TRCB), and Carbon Black, Inc. (NASDAQ: CBLK). Additional information about each potential action can be found at the link provided.
Highlands Bankshares, Inc. (Other OTC: HLND)
Buyer: First Community Bankshares, Inc.
Pursuant to the proposed transaction, announced on September 11, 2019 and valued at $91 million, Highlands shareholders will receive 0.2703 shares of First Community common stock for each share of Highlands common stock owned. The investigation focuses on whether Highlands and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the Highlands investigation go to: https://bespc.com/hlnd/.
Cambrex Corporation (NYSE: CBM)
Buyer: Permira Funds
Pursuant to the proposed transaction, announced on August 7, 2019 and valued at $2.4 billion, Cambrex shareholders will receive $60 in cash for each share of Cambrex common stock owned. The investigation focuses on whether Cambrex and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the Cambrex investigation go to: https://bespc.com/cbm/.
Two River Bancorp (NASDAQ: TRCB)
Buyer: OceanFirst Financial Corp.
Pursuant to the proposed transaction, announced on August 9, 2019 and valued at $182.8 million, Two River shareholders will receive 0.6663 shares of OceanFirst common stock and $5.375 in cash for each share of Two River common stock owned. The investigation focuses on whether Two River and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the Two River investigation go to: https://bespc.com/trcb/.
Carbon Black, Inc. (NASDAQ: CBLK)
Buyer: VMware, Inc.
Pursuant to the proposed transaction, announced on August 22, 2019 and valued at $2.1 billion, Carbon Black shareholders will receive $26 in cash for each share of Carbon Black stock owned. The investigation focuses on whether Carbon Black and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
To learn more about the Carbon Black investigation go to: https://bespc.com/cblk/.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Alexandra Raymond, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com