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SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Buyout Investigation

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WILMINGTON, Del., March 12, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating:

ProSight Global, Inc. (NYSE: PROS) regarding possible breaches of fiduciary duties and other violations of law related to ProSight’s agreement to be acquired by affiliates of TowerBrook Capital Partners L.P. and Further Global Capital Management. Under the terms of the agreement, ProSight’s shareholders will receive $12.85 in cash per share. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-prosight-global-inc.

People’s United Financial, Inc. (NASDAQ GS: PBCT) regarding possible breaches of fiduciary duties and other violations of law related to People’s United’s agreement to be acquired by M&T Bank Corporation. Under the terms of the agreement, People’s United’s shareholders will receive 0.118 shares of M&T per share. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-peoples-united-financial-inc.

Severn Bancorp, Inc. (NASDAQ GS: SVBI) regarding possible breaches of fiduciary duties and other violations of law related to Severn’s agreement to be acquired by Shore Bancshares, Inc. Under the terms of the agreement, Severn’s shareholders will receive 0.6207 shares of Shore Bancshares and $1.59 in cash per share. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-severn-bancorp-inc.

The Michaels Companies, Inc. (NASDAQ GS: MIK) regarding possible breaches of fiduciary duties and other violations of law related to The Michaels Companies’ agreement to be acquired by affiliates of Apollo Global Management, Inc. Under the terms of the agreement, The Michaels Companies’ shareholders will receive $22.00 in cash per share. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-the-michaels-companies-inc.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com.

Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

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

CONTACT:

Rigrodsky Law, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
https://rl-legal.com