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INVESTIGATION ALERT: Halper Sadeh LLP Investigates AMRB, JCS, CADE, STL, EBSB, MNR; Shareholders are Encouraged to Contact the Firm

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NEW YORK, July 14, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:

logo (PRNewsfoto/Halper Sadeh LLP)
logo (PRNewsfoto/Halper Sadeh LLP)

American River Bankshares (NASDAQ: AMRB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Bank of Marin Bancorp. In connection with the merger, American River shareholders will receive a fixed exchange ratio of 0.575 shares of Bank of Marin common stock for each share of American River common stock outstanding. If you are an American River shareholder, click here to learn more about your rights and options.

Communications Systems, Inc. (NASDAQ: JCS) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Pineapple Energy, LLC. Upon closing, Communications Systems shareholders are expected to initially hold approximately 37% of the total shares of the combined company, which is expected to decrease over time. If you are a Communications Systems shareholder, click here to learn more about your rights and options.

Cadence Bancorporation (NYSE: CADE) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale BancorpSouth Bank. Under the terms of the merger, Cadence shareholders will receive 0.70 shares of BancorpSouth stock for each share of Cadence they own. The agreement also allows for a one-time special cash dividend to Cadence shareholders of $1.25 per share. If you are a Cadence shareholder, click here to learn more about your rights and options.

Sterling Bancorp (NYSE: STL) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Webster Financial Corporation. Under the terms of the merger, Sterling Bancorp shareholders will receive a fixed exchange ratio of 0.463 of a Webster share for each share of Sterling Bancorp stock they own. If you are a Sterling Bancorp shareholder, click here to learn more about your rights and options.

Meridian Bancorp, Inc. (NASDAQ: EBSB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Independent Bank Corp. Under the terms of the agreement, Meridian Bancorp stockholders will receive 0.2750 of a share of Independent Bank common stock for each share of Meridian Bancorp common stock they own. If you are a Meridian Bancorp shareholder, click here to learn more about your rights and options.

Monmouth Real Estate Investment Corporation (NYSE: MNR) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Equity Commonwealth. Under the terms of the merger agreement, Monmouth shareholders will receive 0.67 shares of Equity Commonwealth stock for each Monmouth share they own. If you are a Monmouth shareholder, click here to learn more about your rights and options.

Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLP 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.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

Cision
Cision

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SOURCE Halper Sadeh LLP